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| MACHINERY ISSUE |
Single Copies 15 Cents CLEVELAND, FEBRUARY 1, 1917 Four Dollars a Year
Let us explain to you
our scientific, common-sense plan for installing ‘“‘NOHEET”’ metal throughout your
plant. It will eliminate all guess-work and will cut your bearing metal cost in half.
It has done this for others and will do it for you. @ Don’t be so busy making profits
that you overlook opportunities for economy. Conditions will not always be so
favorable.
Prepare for the
future by putting
“‘NOHEET”’ into all
your work, from the
crank pins of your
engines to the least
worked bearings in
your plant.
Our new factory,
now completed, gives
increased facilities for
prompt delivery. We
also carry stocks of
“NOHEET” in
Cleveland, Chicago,
Pittsburgh, Cincin-
nati and Portland.
Send for our new Blooming mill engine in a large steel mill in the Pittsburgh district Babbitted
catalog throughout with ‘“‘“NOHEET.” This tandem compound reversing engine 44" and 70”
: by 60”, rated at 20,000 H.P., operates on 175 pounds steam pressure with a maximum
speed of 125 R.P.M., and “NOHEET™” has given absolutely satisfactory service
and at the same time has effected a material saving.
THE LUBRICATING METAL CO.
No. 2 Rector Street, New York
Jenkins Arcade 1111 Superior Viaduct Mondanock Block
PITTSBURGH CLEVELAND CHICAGO
Alphabetical list of Advertisers, pages 204-205. Table of Contents, page 63. ““Where-to-Buy,” page 128.
Opportunities, pages 196-197-198. Second-Hand Machinery, pages 199-200-201. Manufacturing Sites, page 202
Fill-in and Contract Work, pages 202-203. Engineering Directory, pages 188-189.
2 THE IRON TRADE REVIEW February 1, 1917
——
—_
IKOPPERS
OVENS
BATTERY of 44
KOPPERS OVENS
was put into operation at
Indiana Harbor, Ind., on Jan.
16, 1917. This completes the
third contract awarded by
the INLAND STEEL CO.to
H. KOPPERS COMPANY
for _ KOPPERS OVENS.
The plant now comprises
130 KOPPERS OVENS and
a KOPPERS by-product
and benzol recovery plant.
H. KOPPERS COMPANY
Pittsburgh, Pa.
Builders of By-Product Coke Plants
LAT TT
eterna
Say you saw it in Tae Iron Trave Review
Cleveland, February I {]1917 No. 5
Wonderful Expansion of Industries
Calls for Large Tonnages of Structural Steel—Ford Places Contract
for Plant in Ireland—Corporation Makes Appro-
priations for Important Works
LACING of orders for large tonnages of struc-
P tural steel for new industrial plants demon
constantly expanding activities of
manufacturers. The Ford Motor Co., De
contracted for 20,000
American Bridge Co., for
turing and assembling plant to be located at Cork,
Ireland, to serve the British trade. The company now
has only an assembling plant in the British Isles. It
has for about 200,000 tons of
materials to be furnished by United States Steel Cor-
poration mills, to be delivered by the middle of next
its manufacturing program. This ma
wire
strates the
American
troit,
steel
has tons of fabricated
with the a manufac
also closed various
year, to cover
terial includes sheets, bars, tubes, and other
products.
An illustration of the
the industries of the country along new lines is shown
by the fact that the Steel Corporation has appropriated
$3,000,000 for the Clairton works of
the ¢
country
marvelous development of
erection at the
‘arnegie Steel Co. of the largest plant in the
for the recovery of benzol and other coal tar
products. The plant will be built in connection with
the by-product coke works of 1,100 ovens now under
construction at Clairton. The Corporation
pre ypriated $2,000,000 for new construction at McDon-
ald, O., where a new bar plant is being built. A
model industrial town, according to the general plan
has ap
of Gary and other Corporation towns, is to be devel-
oped at McDonald. For the plant
at Essington, Pa., the contract tons has
been awarded, being divided between the McClintic-
Marshall Co. and L. T. Shoemaker & Co. A number
of important new projects are pending, including 6,000
to 8,000
new Westinghouse
for 8,000
new Springfield Tire company
plant at Cumberland, Md.; 3,000 to 4,000 tons addi-
tional for the new Worth Steel plant at Claymont,
Del.,
other plants in different parts of the country.
tons for a
and numerous extensions for automobile and
Preli
minary bids are being received for the new $7,000,000
court house in New York City,
about 10,000 tons of steel.
which will require
The troubles of pig iron manufac-
particularly in eastern terri-
increasing. Shortage of
cars has caused serious delays in
deliveries of raw materials, and
some buyers assert that they are in imminent danger
turers,
Pig
Iron
tory, are
of being forced to shut down. Recent selling of
bessemer pig iron at $35, Baltimore, probably by
middlemen, has caused representatives of foreign buy-
ers to endeavor to place large tonnages at that figure,
but they have been unable to do so and it is believed
that the bessemer market is firm at $35, valley. Scat-
sales of various grades for prompt delivery,
250 tons of high silicon foundry iron at $40,
carload of bessemer at $36, and a tonnage
tering
such as
valley, a
of gray forge at $35, are reported.
New business of the Steel Corpora-
. tion is still active, especially in ex-
Corporation res?
: port business. Its bookings are
Activities
about equal to its shipments and the
unfilled tonnage statement for Jan-
uary will show small change. Its operations are still
handicapped by fuel shortages and transportation dif-
10 furnaces banked. It is
using considerable stock.
For export to the Far East, the sale
of 150,000 boxes of tin plate has
ficulties and it has about
iron from
veange been made at the very high price of
Business $8 per box at mill. South American
buyers are actively seeking large
quantities of wire and the Far East is inquiring for
pipe. Some additional export business in rails has
been closed. The British government is active in
figuring on the buying or building of vessels in the
United States.
The price of steel axles has been
, advanced $5 per ton, or from 3.75¢
Price
C to 4c per pound. It is probable that
hanges warehouse prices of shapes and
plates will be advanced $3 per ton
to correspond with the recent advance in mill prices,
THE IRON
TRADE REVIEW
February 1, 1917
THE OPEN HEARTH | |
Features of a Big Convention
HEN eleven hundred busy merchants, manu-
facturers and bankers devote several days
to the earnest discussion of the great prob-
lems relating to the foreign trade of the country, it
seems certain that much must be accomplished. It
is, of course, imnossible to state definitely what will
be the resx:!ts of the meeting in Pittsburgh last week
of the fourth national foreign trade convention, but
that the influence for good will be large, no one who
attended can for one moment doubt. The ramifica-
tions of the influence of the convention will be greater
than one would imagine at first thought. Not only
were many companies represented by important execu-
tives, but a large number of having
long membership rolls were represented by officers,
who will report to their different organizations, which,
in turn, will wield a highly important influence. An
other important factor in the influence of the cpn-
vention was the highly efficient press work done under
Patchin,
organizations
the generalship of such men as Robert H.
secretary of the National Foreign Trade Council, and
J. J. Nordman, secretary of the Foreign Trade Com-
mission of Pittsburgh.
While, of course, the convention has no legislative
powers, and while the policy was not to adopt resolu-
tions, the discussions were helpful to a high degree
and it should be noted that most im
portant discussions took place in the group meetings
For example, the Webb bill was thoroughly considered
by a group of small manufacturers and some rather
some of the
important opposition developed, not to the general
principle of the bill, but to the amendments which
have been adopted and to what some of those present
believed to be weakness in not providing thoroughly
for the protection of the smaller manufacturer who
might be crowded out by combinations of large man
ufacturers. There was some disposition in this group
meeting to reply to objections to the Webb bill by
“spread eagle” talk, but we believe that every objec
tion should be fairly met and if the Webb bill, as
favored by the Federal Trade Council, is not wisely
drawn, it should be amended. It would, however,
be mighty unfortunate for small manufacturers and
large ones as well if, on account of differences of
opinion about minor matters, the great result aimed
at by the bill should be defeated.
The report presented on Saturday, through the
chairman of the council, Mr. Farrell, giving the
consensus of opinion as to the work of the three
days’ conference, is an admirable document. It is
published in full elsewhere in this issue. The report
points out the vital importance on future trade of
the legalization and co-operation of export sales, the
formulation of a sound shipping policy, the study of
the effects of the wiping out of commercial treaties
United States
creation of
between the and the nations now at
and the flexible
On every one of these four highly important
war, machinery for a
tariff.
subjects, there surely was a difference of opinion as
to details among the members of the convention, as
well as there is among people in general throughout
the United States, but the report lays down some
foundation on which to build, :
We ;
are especially pleased to know that the declaration
I \
vital principles as a
and that is a long step in the right direction
in regard to the tariff is in harmony with the ideas
advocated by The Iron Trade Review. We have said
+}
many times that while the industries of this country
must be amply protected after the war, no man on
earth can tell exactly how that should be done, and
provision should be made for dealing fairly with all
nations that are willing to deal in that way with the
United States.
Although there
convention was noteworthy for the absence of any
The broadminded policy of Mr
were some sharp discussion, th
thing like bitterness
Farrell exemplifies the splendid spirit which prevailed
While many might differ as to whether the United
States
league of peace,
become a member of an international
certainly all would agree with Mr
should
Farrell that “we can render an invaluable service 1
the establishment of lasting concord among the peoples
of the earth by setting our face against ything that
looks toward perpetuation of commercial w
. . .
Keeping Employé appy
N THIS COUNTRY it is commonly said that life
| is sacred and that lib« rty is sacre 1, but one seldot
hears any mention made of the sacredn »f
happiness. That man is entitled to life, liberty,
the pursuit of happiness is embodied in the funda
mental laws of our present civilization. Wm. B. Dick
son, in a paper published in the Jan. 11 issue cf
[he Iron Trade Review, aptly suggests t man
should be entitled to happiness That the modern
employer is rapidly coming to a realization of the
fact that his
tant ]
organization, if kept happy and contented, is
workers are more efficient units in hi
sign of the advancement of civilization
The question is: “What makes people happy?”
Adding a well-equipped hospital will not make steel
plant employes happy, although they will be greatly
disgruntled if there is no place on the ground where
their injuries may be ministered to. Safety-first signs
are to be commended, but they are not conducive to
happiness nor are large signs admonishing the em
ployes that “the first man fired and the last man hired
oN eo? a 3
le ee en
February 1, 1917 THE IRON TRADE REVIEW 291
THE OPEN HEARTH
is the man who drinks”, etc. Happiness comes quite
largely in opportunity for relaxation in rest, recrea-
tion in games, inspiration in music, and pleasant
surroundings. These things are requisite and suff
cient to take a man’s mind off the monotony of his
work.
A New York state button factory gives its em-
ployes ten minutes out of every hour for rest, and
the output of the plant has been appreciably increased
since the plan was inaugurated. The short rest period
gives the workers time to relax, and they return to
the work with renewed vigor. Recreation outside of
working hours may well be provided by a club room
for the employes; an athletic field will foster sports
and contests.
That the subject has the thorough consideration of
the leaders of the iron and steel industry is shown by
the well-chosen words of C. M. Schwab—“To make
money is a good thing; but it is far better to create
opportunities for other men to work out their salva-
tion in life with happiness and contentment.”
Looking to the Future
OT LONG AGO, the owner of a small machine
shop in the middle west said, “I have paid
back all the money I borrowed to equip this
shop. I have $25,000 worth of orders on the books
waiting to be filled. I have declared a dividend of
100 per cent and have $35,000 in the bank as working
capital. It’s all war orders, but I should worry!”
He should indeed! The equipment of his shop
probably represents an investment of at least $35,000,
perhaps $50,000. He has the facilities for doing a
wide line of work, including the most difficult tool-
making. His heat-treating equipment is of the best;
modern high-grade lathes, milling machines, shapers
and screw machines have been purchased with care
from the best builders. For what? For one year’s
100 per cent dividend? For $25,000 worth of orders
yet to be filled? For $35,000 in the bank? For the
tools for which he spent real money? He should
give thought to the future!
And yet this same shop owner has repeatedly re-
fused to do business with those concerns which, after
the time of war orders has passed, will be his real
financial bulwark against the lean years which must
inevitably come at the close of hostilities. He has
reaped a golden harvest for a year, 18 months at the
outside; the war’s end is not yet in sight and he may
enjoy another protracted period of war prices, but
inevitably the end must come. When that time ar
rives, the shop owner’s course is clear. He will either
continue to operate his plant on a “peace” basis, or
he will close down and sell his expensive equipment
for perhaps one-fourth of its original cost, if at all.
To pursue the first course, the time of preparation
is now. The shrewd business man is laying his foun-
dation every day for the period of reaction which
may come at the close of the war. He puts his shop,
himself as an individual, and a sample of his work
before those manufacturers whose success is not
solely allied with the manufacture of munitions. He
should not let the big buyers of his skill forget that
the facilities of a modern machine shop are at his
disposal on a moment's notice. The automobile
builder, the machine tool builder, the metal specialty
manufacturer each offers a wide field for the small
machine shop owner. The good will of such concerns
may not pay 100 per cent dividends in a year, but it
does mean the continuous operation of the shop, week
after week, year in and year out, a steady, healthy
growth of business, which, after all, is the nucleus
of every nation’s prosperity.
Commends Mr. Dickson
Epitor, The Jron Trade Review:
In commenting upon W. B. Dickson’s address made
before the Ohio State University and printed in your
paper, will say that | was amazed, but much pleased,
at Mr. Dickson’s bold and fearless remarks.
[ spent 20 years in the employ of the Carnegie
Steel Co.’s Edgar Thomson plant and have been asso-
ciated for the past 30 years with the laboring classes ;
and I think the greatest evil confronting the world
today is labor unrest.
The sooner labor and capital get together and work
in harmony, the better for all humanity. Both must
have confidence in each other; for a house divided
against itself cannot stand.
This point was beautifully illustrated by the late
Elbert Hubbard in his lecture on “Get Together”,
when he used the common bee as an example, saying
what a wonderful organization these little workers
are when working together. But should one bee stray
three miles away from its hive, it would soon become
helpless and die.
Portraying this same thought is a picture hanging
in a conspicuous place in the Remington Arms &
Munition Co.’s plant, at Bridgeport, Conn., of two
calves tied to a single rope, one at either end. Two
pails of milk are placed a few feet from both animals,
each pulling in vain against the other to get his por-
tion. But seeing the uselessness of their efforts, they
decide to get together and the one go with the other
until each can drink his portion
In my own career in the steel business, I have
always tried to get the confidence of my superiors
and my fellow workmen as well as my subordinates,
to which fact I attribute any success I may have
achieved. Confidence spells success
P. D. Mackey,
Supt., Canada Cement Co., Ltd.
Montreal, Canada, Jan. 21, 1917
D Va., was elected vice presi-
© dent of the Virginia Iron,
Coal & Coke Co. with offices
at Roanoke, at a meeting of
the board of directors at New York,
Jan. 23. Since 1905, he has been gen-
eral counsel for the Virginia Iron,
Coal & Coke Co. and allied interests
and he will continue to discharge these
duties in connection with filling the
requirements of his new office.
Richard Peters Jr. has become as-
sociated with the Philadelphia office
of Rogers, Brown & Co., in the ca-
pacity of a salesman succeeding Cecil
E. Bertie, who recently resigned to
become assistant to the president of
the Virginia Iron, Coal & Coke Co.
Mr. Peters, by his active identifica-
tion with the coke industry in recent
years, is widely known to iron and
steel men. ‘Most recently he has been
assistant to the general manager of
W. J. Rainey with headquarters at
New York and has been serving as
chairman of the Connellsville Coke
Traffic Association, a position which
he will continue to fill. Prior to that
time, he had been connected with
the Producers’ Coke Association and
with various coke and furnace com-
panies.
G. W. Wagstaff, who has repre-
sented the Bethlehem Steel Co. in
the northern Ohio territory has as-
sociated himself with the Onondaga
Steel Co., Inc., Syracuse, N. Y., and
will represent it in northern Ohio,
northern Pennsylvania, Buffalo and
Detroit.
G. R. Wilmoth has resigned as
superintendent of the Champion Iron
Co., Kenton, O. Mr. Wilmoth has
been with the Champion company for
28 years.
James Ferris has been made general
superintendent of the Kenosha plant
of the Simmons Mfg. Co., succeeding
Otto Rudd, who has been made sec-
ond vice president.
Chas. J. Graham, president of the
Graham Nut & Bolt Co., Pittsburgh,
was elected to the board of directors
of the Carbo-Hydrogen Co., at the
annual meeting of the stockholders
recently,
Harry Robinson, superintendent of
the electrical department of the Worth
Bros. plant of the Midvale Steel &
Ordnance Co., has resigned and will
in the plant they are building at
Claymont, Del.
Wm. N. Wyeth, formerly with the
iron and steel scrap department of
the United States Metal & Mfg. Co.,
165 Broadway, now is associated with
Luria Bros. & Co., 50 Church street,
New York, dealers in iron and steel
scrap.
Irving Shuman, recently retired as
assistant United Statestreasurer at Chi-
cago, has become president of the Ex-
RICHARD PETERS JR
port Service Corporation, just or-
ganized. Associated with him will be
H. R. Moody, of New York, and I. M.
Lopez Velasquez, of Manizales, Colom-
bia.
John H. O’Brien has been elected
president of the Cleveland Co-operative
Stove Co. Cleveland. Mr. O’Brien
started with the company 35 years ago,
at the age of 14, as a stove polisher, be-
coming in turn salesman, office man,
secretary, and finally the highest office in
the company. W. W. Ludlow, treas-
urer, was made secretary and treasurer,
and James Mitchell was appointed gen-
eral superintendent.
R. Tschentscher, who for the past
13 years has been connected with the
Illinois Steel Co., South Chicago, IIL,
has severed his connection with that
company to become general superin-
tendent of the steel plant of the
292
N OF O
Who they are Where they are What they are doing ;
Siti ares TT ee *
D. HULL JR., of Roanoke, be associated with the Worth brothers Keystone Steel & Wire Co., Peoria,
Ill. The steel plant of this company,
which will be ready for operation in
a short time, will consist of open-
hearth furnaces and blooming, billet
and rod mills.
F. B. Dutton has been made gen-
eral superintendent of the blast fur-
naces and ore properties of the Whar-
ton Steel Co., Wharton, N. J., re-
cently acquired by J. L. Replogle and
associates. Mr. Dutton formerly was
superintendent of the Lebanon, Pa.,
blast furnaces of the Pennsylvania
Steel Co. and of the Cornwall ore
operations of that company, the own-
ership of which some months ago
passed to the Bethlehem Steel Cor-
poration. Prior to that time, he had
served as general manager of the
Spanish American Iron Co., the sub-
sidiary of the Pennsylvania Steel Co.,
which operates the extensive iron ore
mines in Cuba formerly owned by
the latter. Preparations now are
being made for blowing in at least
one of the Wharton furnaces at an
early date.
William A. Field, retiring
manager of South Works of the IIli-
nois Steel Co., at South Chicago, who
become superintendent of the
United Alloy Steel Corporation at
Canton, O., was the guest of honor
the night of Jan. 26 at a farewell
dinner at the South Shore Country
Club, Chicago. Sharing honors with
Mr. Field were four other employes
of the Illinois Steel Co., are
leaving to take up other connections.
works
has
who
One of these was Tom Moore, an
employe for 42 years who is retir-
ing from active work. Rudolph
Tschentscher, electrical engineer, who
is to become general manager of pro-
duction for the Keystone Steel &
Wire Co., at Peoria, W. J. Krause
who will accompany the latter, and
D. V. Madalie, secretary to Mr. Field,
who will become assistant to the presi-
dent of the Flexifile Co., Chicago
About 300 persons wére present at the
dinner, including present members of
the force at South Works and many
men who had been graduated from
that school and are with other steel
companies. P. A. Newton, who suc
works manager,
Field was given
in sil and
ceeds Mr. Field as
was toastmaster. Mr
a resolution framed
signed by 200 friends.
ver
MI ste in it
oe is et” A
eC. as Send Ais
Tool Market Solid as Gibraltar
Despite Rumors of Peace and Few New Munition Contracts, Business Closed
in January Shows Good Total—Ship Builders and Railroads
Still Swing Heavy Lists to Dealers
machine tool market. A large volume of busi-
ness was booked and in general the output of
most tools is sold ahead to as large an extent as ever.
Limited numbers of tools, however, are easier to get
for prompt and nearby shipment and, as a result,
numerous sellers report they are meeting more com-
petition on tools for such delivery. A factor of
growing importance in the market is the extent to
which buying of machine tools is being interfered
with by the recent peace rumors. Many prospective
buyers appear to believe that the war is not due to
last much longer, with the result that action is being
held up on a large amount of inquiry due to the
expectation that the end of the war will be followed
by a general decline in machine tool prices.
J ecto: was another month of activity in the
Foreign Orders Again in Market
The leading feature during the months was the
greatly improved foreign demand for machine tools
of all kinds. This is supposed to have resulted from
the recent expressions of the various allies intimating
that the conclusion of the war still is in the indefinite
future. This foreign demand involved all kinds of
miscellaneous machine tool equipment, principally en-
gine lathes, milling machines and screw machines.
The most active buying was from France, England,
Italy and some fair orders also were received from
Japan.
Railroad Buying on Increase
Railroad
during January.
buying reflected a great improvement
The Chicago & Rock Island, the
Maine Central, the Union Pacific, the Lehigh Valley, *
the Baltimore & Ohio, the Chicago, St. Paul, Min-
neapolis & Omaha, the New York Central, the Dela-
ware, Lackawanna & Western, and other roads, all
closed for important requirements. On these lists,
which were issued the Great Northern, the Chicago,
Burlington & Quincy, the Chicago & Northwestern
have purchased heavily, but the Pennsylvania railroad
has not yet closed.
Domestic Business Good, But Not Startling
Domestic buyers included all kinds of industrial
concerns and although spectacular individual sales
were lacking, the volume of business swelled into a
huge total. Among ship building companies which
entered the market were the New York Ship Building
Co., the William Cramp & Sons Ship & Engine Build-
ing Co., the Seattle Construction & Dry Dock Co.
and the Newport News Ship Building & Dry Dock
Co. The latter concern asked quotations on nine
cranes and a large number of machine tools. Among
the large prospective buyers is the Westinghouse
Electric & Mfg. Co., which has let a contract for the
erection of a huge new plant at Essington, Pa. The
plans call for a large number of 100-ton, 50-ton and
smaller cranes, inquiries for which are expected to
come out shortly. The tool requirements for this
plant are expected to be of huge proportions. The
293
plant, it is understood, will be devoted to the manu-
facture of ship and ship building equipment. The
inquiry of the Kelly-Springfield Tire Co., Akron, O.,
for over 60 tools for machine and pattern shops
which will form part of an extensive addition planned
by that company, livened the Cleveland machine tool
market during the last few days of January. The
decision of a large manufacturer of single purpose
machines to turn from munitions business to auto-
mobile work and a noticeable decrease in the demand
for shell-making equipment seem to indicate that the
machine tool industry is making an attempt to estab-
lish itself upon a basis of domestic business. The
let-up in the demand for munitions-making machinery
was especially noticeable in Pittsburgh during the last
week of January.
Government Purchases Cranes and Tools
The United States government was a large buyer
of cranes during January. It purchased twenty-four
5-ton and 3-ton wall cranes from the Niles-Bement-
Pond Co., and six 15-ton traveling cranes from the
Penn Bridge Co., for installation at the Norfolk
and League Island navy yards. In addition, it has
taken bids on four 10-ton and two 40-ton cranes
for the same yards. Further large crane inquiries
for these and other yards are expected to come out
shortly. The Watervliet and Rock Island arsenals
have placed orders for a large number of machine
tools each. The Rock Island arsenal is expected to
put out inquiries on approximately $2,000,000 worth
of tools, including a large number of rifle machines.
Large machine tool lists also are expected to material-
ize from other arsenals and navy yards.
The Bethlehem Steel Co. was an important crane
buyer, ordering ten 25-ton cranes for~its Lehigh
plant from the Pawling & Harnischfeger Co., cne
50-ton cranes from the Morgan Engineering Co., ten
15-ton cranes for its ingot mold foundry in South
3ethlehem, etc. The Bethlehem company has a large
list of cranes for installation at Steelton, Pa., which
has been held up indefinitely. A large amount of the
crane and rolling mill equipment for the new steel
plant which W. P. Worth and associates will build
at Claymont, Del., has been let to the Alliance Machine
Co., Alliance, O. Important rolling mill and steel
works equipment inquiries have been received from
abroad lately, but action on these is slow.
Prices Creep to Higher Levels
Machine tool prices continue to show an upward
tendency. One manufacturer advanced his quotations
on shapes for January and February delivery by 5
per cent, and March and later delivery by 10 per cent.
A builder of screw machines advanced his prices by
15 per cent. Prices on all kinds of machine tools
now range between 25 and 75 per cent higher than
those prevailing two years ago. A feature which
affected the machine tool industry to some extent
during January was the congestion of the railroads,
which interfered with deliveries to the east.
294 THE IRON TRADE REVIEW February 1, 1917
cn
Prices Present and Past
(Yesterday, a month ago, three months ago and a year ago.)
Quotations on leading products January 31, average for December, 1916, average for October, 1916, and average
for January, 1916. Prices are those ruling in the largest percentage of sales al the dates named.
Aver. Aver. Aver. Aver. Aver. Aver.
Prices for for for Prices for for for
Jan. 31, Dec., Oct., Jan., Jan. 31, Dec., Oct., Jan.,
1917. 1916. 1916. 1916 1917. 1916. 1916 1916
Bessemer pig iron, Pittsburgh... $35.95 $35.95 $24.325 $21.32 Iron bars, Chgo mill............ $3.00 $2.85 $2.35 $1.83
Basic pig iron, Pittsburgh..... «- 30.95 30.95 20.825 19.20 Beams, Chgo. contr.. = e'w uss 3.44 3.20 2.80 2.03
No. 2 Fdy. pig iron, Pittsburgh 33.95 31.70 21.075 19.95 Beams, Pittsburgh, contr.. F 3.25 3.025 2.70 1.86
Northern No. 2 Fdy., Chicago... 31.00 29.25 19.15 18.50 Beams, Philadelphia ............ 3.409 3.409 2.859 2.159
Lake Superior Charcoal, Chicago 33.75 32.00 20.40 19.25 Tank plates, Pbgh., contr.... 3.75 3.525 3.00 1.87
Malleable, Chicago ..........+. 31.00 29.25 19.50 19.00 Tank plates, Chicago, contract 3.94 3.75 3.19 2.05
Southern No. 2, Birmingham... 23.00 23.00 15.13 14.50 Tank plates, Philadelphia..... 4.909 4.159 3.909 2.409
Southern Ohio No. 2, Ironton... 30.00 30.00 19.38 18.00 Sheets, blk., No. 28, Pbgh.. 4.50 4.50 3.225 2.58
Basic, eastern Pa..........+++: «+» 30.50 30.00 21.00 19.50 Sheets, blue anl., No. 10, Pbgh. 4.35 4.00 3.125 2.45
No. 2X Virginia furnace....... 27.50 26.00 18.50 17.25 Sheets, galv., No. 28, Pbgh.... 6.50 6.25 4.45 4.75
No. 2X foundry, Philadelphia... 31.00 29.50 20.50 19.75 Wire nails, Pittsburgh.......... 3.00 3.00 2.62 2.12
Ferro mang., furnace....... 175.00 160.00* 160.00* 110.00* Connellsville fur. coke, contr... 8.00 4.44 3.37 2.38
Bessemer billets, Pbgh......... 62.50 58.75 45.75 33.75 Connellsville fdy. coke, contr... 6.50 6.00 4.87 3.75
Bess. sheet bars, Pbhgh......... 62.50 58.75 45.75 33.75 Heavy melting steel, Pbgh i aa 25.00 17.87 17.50
Op.-h’th sh. bars, Pbgh........ 62.50 58.75 45.75 34.75 Heavy melting steel, eastern Pa. 20.50 24.00 15.75 16
Open-hearth billets, Pbgh....... 62.50 58.75 45.75 34.75 Heavy melting steel, Chgo.....- 21.50 23.37 16.50 15
Steel bars, Pittsburgh contract... 3.00 2.925 2.60 1.86 No. 1 wrought eastern Pa.. 26.50 27.00 22.00 22.
Steel bars, Chgo........-++-e0+5 3.19 3.10 2.80 2.03 No. 1 wrought, Chgo...... . 23.50 25.37 17.50 15.
Iron bars, Philadelphia.......... 3.159 3.059 2.659 2.259 Rerolling rails, Chgo........ 26.00 29.50 18.75 17.
Iron bars, Cleveland, local del’y. 3.00 3.00 2.55 2.00 Car wheels, Chgo......... . 8.25 21.87 12.25 14
* Tidewater.
(For Appitronat Prices See Pace 348.)
PE a ES ee a 2 a A, PT ee ee ce OT cL
Interest Centers in Pig for Kxport
; Sellers Adhere Firmly to Prices Despite Efforts of Buyers to Obtain
Concessions Tremendous Pressure for Delivery
Railroad Congestion Continues
New York, Jan. 30.—Jockeying for bessemer to Canada at $36, furnace. silicon iron through an English house
price advantage between leading export Some export houses which have been another unidentified 5,000-ton foundry
buyers and the furnaces on large talking lower figures have been offer- lot and many others. Domestic buy
blocks of bessemer iron has reached ing $36.50, tidewater, for second quar- ers continue indifferent to new pur
an interesting stage, but, apparently, ter iron. Vigorous inquiry for vari- chases, but are following deliveries
it has not produced important results ous grades of iron for export is being very closely. A Fitchburg, Mass.,
since the principal tonnages recently maintained, but there are not many machinery builder asks 2,500 tons of
sought, including that for the French new sales. Vessel space to France and No. 2X for last half. The govern-
government, still are under negotia- the Mediterranean is practically unob- ment took bids on 2,100 tons of foun-
tion. The buyers have been making
much of several lots of bessemer re
cently bought at $35, Baltimore, and
the impression has been given that
this figure can be done readily. These
purchases are thought to have in-
cluded resale iron and probably have
not been of extensive tonmage. There
are reports of large sales by eastern
makers at some inducement to the
buyer, but these lack confirmation.
The French government, it is learned
on good authority, has bought no bes-
semer recently under $35, valley. Mak-
ers generally want $35, valley, or
$37.14, New York, and $26.84, Balti-
more, for bessemer, especially for
early delivery. There have been some
additional sales totaling probably
5,000 to 10,000 tons at this price by
eastern makers. A New York state
furnace sold 1,000 tons of forward
tainable and many lots previously pur-
chased are being held back by lack
of shipping instructions. Some ship-
ments are two months behind the time
originally set. This apparent inability
to move iron is true even with those
purchasing houses which are closest
to the warring governments For
Scandinavian countries, where the
freight situation is more favorable,
1000 tons of northern foundry for
July-September shipment was sold at
full domestic prices or $31, furnace, for
No. 2X. New inquiries appearing this
week are heavy, including 15,000 tons
of bessemer for Italy; 6,000 tons of
bessemer and 3,000 tons of low phos
phorus for Switzerland; 2,500 tons of
bessemer and 1,000 tons of foundry
for Sweden; 500 to 1,000 tons each of
low phosphorus for Canada and Japan;
5,000 to 7,000 tons of 3 to 3% per cent
(For c »mplete prices Sée page 348 )
dry, charcoal and low phosphorus for
various navy yards. Prices are strong
except for occasional speculative of-
ferings. A small sale of Virginia was
made at $30, furnace, and Buffalo
malleable in fair tonnage has brought
$35, furnace.
Unprecedented Pressure
Philadelphia, Jan. 29.—Unceasing
pressure for deliveries is being put
upon the furnaces in eastern Penn-
sylvania and surrounding districts by
consumers on all sides, many of
whom complain they are in danger of
being forced to shut down because of
shortage of iron. Some iron men
whose experience dates back many
years declare they have never seen
such a general and persistent clamor
for metal as now obtains. The situa-
tion which seems to be reaching an
——
:
:
Fee
February 1, 1917
acute stage is the result of a combi
nation of factors including insufficient
cars, delays in transit, short and in
efficient labor, irregular operations
of the due to scarcity of
delays in transit are
_ ~ .
causing some consumers to order in
usual amounts of iron
but the makers are unable to honor
these promptly because of the heavy
current demand and the exhaustion
of stocks. Most of the furnaces have
run behind on deliveries and cannot
catch up.
In some of the specialties the
delays are much more extended than
in standard iron. Prevailing condi
tions continue to force more activity
in spot iron Premium prices for
spot are not in evidence, however
Some sales of prompt eastern Penr
sylvania No. 2X at $32, furnace, the
price also asked for forward delivery,
are noted The Pennsylvania rail
road, which inquired for 1,000 tons
of low silicon foundry for immediate
ship1 ent has closed, half of this
usiness going to Virginia. A Phila
delphia buyer purchased 500 tons of
and a Cumberland,
aker 500 tons of prompt
:
irginia basic at $29, furnace It is
1 gray forge has been sold
eastern furnace. There is
forward buying Virginia
firmer, as recent sellers
tor No 2X
1 ¢9 :
7 ‘ o
22/, furnace 1S
there at $26, furnace,
have withdrawn ar
ninimum either ror early or for
ward shipment Up to $29, furnace,
is being quoted on special analysis.
Che sistent det 1 f early ship
ents continues i! low phosphorus
und ikers are le to sell only for
deferred deliveries Canada bought
1000 ft 1.500 ns 1 re of standard
j y for 1.000 tons fe
that estinati s current Prices
touched
1,000 tons
have
‘ .
lo r | ] here a Sale o!
consumer in this
Birn
iT al
ter! y at $1 ingham Mid
dlemet have bought warrants at
$20.50. The 1 ket now has strength
ened Alab ! 4 furt ace iron also ap
pears hrmer For 500 tons for last
half a basis of $24.50, Birmingham
for No. 2 was paid this week
Cannot Meet Requirements
Birminghar Ala., Tan. 30.—Inquiries
continu to 4 considera
1
le tonnage very dur
+] ‘ { r f nos
g e firs year, if p
sible ut s € i icturers
, : , ' ,
not able to handle it with the delivery
stipulat ons Some small-lot sales
’ Laon mad i one tents dell
hiave vpeenh tt id a are cing cat
urging deliv
ered and consumers are
THE
IRON
eries on orders
The
some
railroad
interferer
TRADE REVIEW
place d some
car situatio
ice with the
time ago
n caused
melt in
Market Report Index
this section thse
it because of the
f pig iron scrap iron was
siderably recently. Several
of one, two and more car k
were started from this «
meet the
urgent
t demands ar
Page
Weekly Market Review 289
Pee FR ewenata dsc tueewaeen 204
es 296
Merchant Pipe .296
Sheets ine 207
Semi-Finished Steel 297
Tungste n ON
Bars 298
Tin Plat ia 200
Nuts, Bolts nd Rivets 200
Plates ; 299
ee | pe ee 299
W archouse 209
Structural Shapes 300
W tre ives epiiaen 300
Rails, ars and Track Materials.3o01
Coke fol
Scrap 302
Coke By-Products 303
Non-Ferrous Markets 304
Machin Tools 33
l a
several directions Reports come to
lack
used con
shipmer ts
ts of iron
listrict to
id the top
notch price was paid for the product
ome sales o!
basic iron
are again
noted in this section at a higher price
than has heret
yn, delivery, however, not
lor several m
Co. announced
been received
he | 4}
1DTt i tna
for 5.000 tons
ons. Railroad
suring the iron
section that tl
. ipply Oj cars
S eV dence tl
could not
lat the
yrore
pre vaile
onths rhe
that two inquiries
the past W
be ha
and the other
}
officials nave
manufacture
ere will be
right away
orde
Ss « Inmerce
d, $25 per
guaranteed
Alabama
had
eck irom
ndled, one
tor OWN
» been as
rs in this
and there
rs issued
> COomMmis-
Si will have wholesome effect at
nce Shipments of iron will be on
such a scale, it is believed by manu-
acturers, that withis i few weeks
there will be a terial reduction
the iron on warrant and furnace yards
n this territory All attention is be
ing given to the mak« 1 delivery
of iron in this sect | the new
he ness bh ‘ i” p ct cally o!
Ss Ow! t Ty} ] itions aré¢
rm rol 1 $24 per for No 2
,
S under!
1ere | ro
irKet
stood
72
n at 24.)
or to
Ca
‘
a
448
295
ket with inquiries for small tonnage
lots, for the most part made up of
Orders of this
become more or less
past week. The fur-
the district are sold up so
that a small portion of
this character which
has developed has been booked. The
that have been concluded have
5 per ton at the furnaces,
grades, the flat price
and the absence of grade differentials
continuing to hold with all of the
Most of the latter are
holding out for $35.50 for spot delivery
odds and ends for spot
quick delivery needs.
character have
general in the
naces of
only
solidly
the business of
:
saies
brought $3
irrespective of
producers
on available
delivery
Spot Demand Expected
30.—Important val-
asking $35 for No. 2
last half delivery,
but no have been reported. A
small tonnage has, however, been dis-
posed of at $36 for prompt shipment.
The market is quiet, but there are
a demand for spot iron
Cleveland, Jan.
ley interests are
foundry iron for
sal 5
indications olf
developing before long. Several hun-
dred tons of Alabama iron have been
sold in Cleveland, including a sale
of No. 3 foundry for second and
third quarter delivery at $23.25, Bir-
mingham
Valley Market Not Disturbed
Pittsburgh, Jan. 30.—The general
market for pig iron continues to be
featured by heavy sales of bessemer
iron for shipment to entente nations.
Although rather heavy tonnages of this
grade have been purchased for export
at prices equivalent to less than $35,
valley, the situation in the Mahoning
and Shenango valleys has not been
sturbed Exp rt sales at $35, sca-
ard, are attributed to the desire of
ton-
been
$35,
No trace
figure for
can
other hand heavy
niddlemen to unload iron on a cash
basis. On the y
nages ol! bessemer iron have
‘
sold recently on the basis of
valley, for shipment abroad.
that
consumers
; : "
Of saies at ess
than
shipme! t domesti
melter in this district,
ufter sounding the market for a fairly
heavy tonnage of standard bessemer
iron, said he could not buy at less
than $35, valley, for shipment before
July 1 ext One melter has just
closed for 3,000 tons of this grade
at $35.50, valley, and another paid
$35. walley, { 2,000 tons for ship-
nent in the second quarter. One of
re prominent blast furnace
terests is asking $36, valley, for
second quarter delivery
A week or so ago, 250 tons of high-
n foundry iron were sold at $40,
illey ediate shipment and
296
gray forge iron is reported to have
commanded as high as $35, valley.
Such sales, however, are regarded as
extreme cases. No. 2 foundry and
malleable irons are being offered at
$33, valley, by most dealers. Basic
pig iron continues to be quoted at
$30, valley, but not enough activity
has been enjoyed to test prices.
Growing Uncertain
Cincinnati, Jan. 30.—An air of un-
certainty has begun to come into
the pig iron market. Sales have been
s0 unimportant for more than a
month, that prices have had no real
test and it is not known at just what
figure certain furnaces would take
business from desirable customers.
Several southern stacks still have
considerable iron to sell for the first
half of the year, and a few buyers
are of the opinion that unless better
inquiries come into the market, prices
will be secretly cut to induce buying.
The only business pending in the
market at present is 1,000 tons of
foundry iron to be bought by an
Indiana melter for the last half. Prices
today are generally quoted from $2
to $25, Birmingham basis, for southern
No. 2 foundry, for 1917 shipment. It
is not known that any spot iron can
be had as low as $23, but some
is offered at that figure for the last
half. Southern Ohio No. 2 foundry
iron is available only for the last
half of the year at $30, Ironton basis.
Malleable More Active
Chicago, Jan. 30.—The only change
in the situation in northern pig iron
is considerable activity among mal-
leable melters. Sales aggregating
7,000 to 8,000 tons have been closed
recently in lots from 1,000 to 2,000
tons each. Some inquiry for this
grade is still current and lots of 2,000
to 2,500 tons are involved. The price
at which this iron is said to have
been sold is $31, Chicago furnace.
Foundry iron is quiet and sales are
mostly small tonnages for prompt de-
livery. While the general quotation
is $31, furnace, a slight concession
from this figure has been made in a
few instances where special considera-
tions held sway and about $30, fur-
nace, is said to have been made.
Southern iron is not active and
prompt or first half delivery is being
held at $24, Birmingham, while last
half tonnage can be placed at $23,
Birmingham. Some sales have been
made at $25, Birmingham, where spe-
cial analysis has been asked.
The local ferro-manganese supply
is now quoted at $200, furnace, for
second half, but first half tonnage
is held at $175 to $185, furnace.
Prompt ferro is difficult to obtain.
THE IRON TRADE REVIEW
Jackson county deliveries are ex-
ceedingly scarce and the ruling quo-
tation is $38.50, delivered Chicago,
for 8 per cent.
Strong, But Quiet
St. Louis, Jan. 29.—No new pig iron
inquiries have appeared in this dis-
trict since last week, but the market
is reported to be very strong, with
good prospects ahead for business.
Sales for last week, aside from car-
load orders, included 1,000 tons of
northern iron, 300 tons of northern
and 100 tons of Virginia. Southern
iron is strong at $25, Birmingham
basis. No quotations are made on
northern iron except upon authoriza-
tion. A range of from $30 to $32 a ton
is about the price. Lake Superior
charcoal iron is held at $37.50 a ton.
Ferro Alloys
Show Advancing Tendency, Especial-
ly Domestic Spiegel
New York, Jan. 30—An _ upward
movement in prices of domestic spie-
geleisen is being maintained as offer-
ings of early supplies are confined
to one or two makers. A_ 100-ton
sale for first half was closed at $63.50,
eastern furnace, and active sellers now
are quoting from $63 to $65, furnace,
depending upon the tonnage. Buying
of this metal during the past two or
three weeks has been fairly extensive
and has totaled probably 10,000 tons,
mainly for delivery during the first
half. An eastern tidewater works
was the buyer during the week of
1,000 tons for early shipment. An
Ohio river consumer has been figur-
ing on 400 to 600 tons. Some other
miscellaneous inquiries are pending.
The Temple, Pa., furnace is expected
to begin its run on spiegeleisen within
the next few days.
Domestic ferro-manganese also con-
tinues to advance as the supply for
nearby shipment has become more
restricted and uncertainty over ship-
ments from England still prevails.
Two of the domestic makers have
raised their prices to $200, furnace,
for early shipment, as against a previ-
ous quotation of $175 to $185, furnace.
There were some carload sales in
the week at $185, furnace, and of less
than carloads at $210, furnace. Some
lots, however, still were obtained by
buyers in the week for delivery in
the second quarter at $175, furnace.
The present inquiry is made up of
odd lots.
Some users continue in a very em-
barrassed condition on their needs of
50 per cent ferro-silicon and they
virtually are begging makers and sell-
ers for supplies. The producers, how-
(For complete prices see page 348 )
February 1, 1917
ever, still have nothing to offer and
such sales as are being made are
from surplus purchases of consumers.
Early metal is bringing at least $150
to $175, Pittsburgh. Makers of besse-
mer ferro-silicon are far behind in
their deliveries and there is much
complaint among consumers, and, in
some instances, inconvenience’ to
operations.
Ferro-Silicon High
Pittsburgh, Jan. 30.—Fifty-per cent
ferro-silicon continues to _ reflect
strength. One dealer has sold a small
tonnage at slightly above $182 for
nearby delivery. Demand is described
as fairly heavy, but scarcely any -ton-
nage is being offered in the open
market, Eighty-per cent ferro-man-
ganese is being quoted at $175 by
most dealers in this district. No large
sales have been made recently in the
open market. Spiegeleisen is quoted
at $55 to $60, furnace. Lower grades
of ferro-silicon are unchanged in
price.
° r
Pipe r onnage
Piles Up at Mills on Account of Car
Shortage
Pittsburgh, Jan. 30.—Heavy tonnages
of tubular goods are accumulating ir
mill yards, as a result of the shortage
of railroad cars and insufficient motive
power. Builders of oil and gas lines in
all sections of the country have sent
representatives to this and other centers,
in an effort to move material held up
by railroad embargoes or congested
traffic conditions generally. Several at
tractive inquiries for line pipe are pend
ing, but no large orders have been placed
recently in this district. Prices are de-
scribed as firm. Boiler tubes are sell-
ing at premium prices when mills can
meet specifications for rather early de-
livery.
Heavy Sale Reported
Pittsburgh, Jan. 30.—A tonnage of lap-
weld line pipe described as “very heavy”
is reported as having been placed with a
large manufacturer on the fringe of this
territory. For reasons of their own,
neither party to the order desires .pub-
licity as to details and the request is
made that none be given
This order will give tremendous im-
petus, it is said, to a market already
highly developed and sold, but has no
effect on the price list as now quoted
The Union Steel Casting Co., Rox-
bury, Mass., has added a fireproof build-
ing, 100 x 320 feet, to its foundry. Two
new 10-ton open hearth furnaces will
be installed in this extension.
~ ve AE om
N
_e -_ SS |,
ee ee
a et oe
alee
1 OPINOtees ew
Seo REHN SA the
February 1, 1917
THE IRON TRADE REVIEW
Sheets Continue to Harden
Demand From Both Foreign and Domestic Users Very
Active—Railroad Conditions Very Bad
Youngstown, O., Jan. 30.—Mahoning
valley sheets continue to harden. The
same high level of prices in force
for the last few weeks prevails. Black
sheets bring from 5c to 5.50c; blue
annealed, 4.25c to 4.75c; galvanized,
6.50c to 7c, and as high as 7.50c. One
large interest still quotes 4.75c for
black sheets, but with the qualifica-
tion that this price is for regular
customers, and adds that it will an-
nounce the 5c minimum shortly.
An inquiry for 1,000 tons of black
sheets to be made into helmets for
Russian soldiers is a feature of the
market. There have been, also, irreg-
ular inquiries for tonnages of corru-
gated galvanized for bombproofs and
trench construction from various rep-
resentatives of the allied governments.
So the sheet makers of this terri-
tory can hardly be blamed for being
too busy to discuss possibility of
early peace.
Demand for sheets from both for-
eign and domestic users is, if any-
thing, stronger. In the language of
one of the sales managers, “the sheet
market has gone crazy”. Demand for
all grades is almost equally strong,
but inquiries for blue annealed are
most insistent just now. It appears
as though every one of the thousands
of uses to which sheet metal is put
are crying out for more.
Distribution of sheet output, even
to regular customers, is almost en-
tirely on the basis of allotment. Be-
cause of shortage of semi-finished,
many of the finishing mills have been
able to operate at only from 60 to
80 per cent of their capacities. Ina-
bility also of the finishers in some
cases to procure shipments of fuel
has been a serious handicap, although
that phase is not as bad as it was
a few weeks ago.
The freight situation continues
such that one day’s report of embar-
goes laid or raised may be changed
between writing time and publication.
Traffic managers say that one of the
principal causes of trouble, besides
lack of man and motive power, is
failure of the railroads and their yard
masters to co-operate to the utmost
Although relief of sorts appears
sporadically, it cannot be said that
trafic shows general improvement.
But the situation shows another phase.
A few weeks ago the principal anxiety
of the manufacturers was for sufficient
raw material and fuel. Now fears
of possible shutdowns are because of
minor elements, such as various kinds
of chemicals. The mills are borrowing
from each other; co-operation among
them is their only salvation. Common
comment is to the effect that if the
railroads co-operated with the manu-
facturers and among themselves more
extensively, a bad condition might be
much improved.
Strong in East
Philadelphia, Jan. 29.—Buyers of
heavy sheets have continued to bid
against one another for supplies of
this product, which are scarce with
eastern mills, and the market is very
strong. Minimum prices quoted by
eastern makers are at 4.50c, Pittsburgh,
or 4.659c, Philadelphia, for No. 10
gage blue annealed and 5c, Pittsburgh,
has been paid. New orders have been
so liberal that some of the _ third
quarter output in the east now is
taken up. The active demand has
been from many miscellaneous sources.
Among others, the railway coach
builders are taking considerable ton-
nages. The Pennsylvania railroad is
covered on its requirements for build-
ing 92 coaches at Altoona. Steel
barrel manufacturers are calling for
much material.
Consumers Want Sheets
Pittsburgh, Jan. 30.—The convention
of the Foreign Trade Council brought
many consumers of steel sheets to Pitts-
burgh, who attempted to buy material
for delivery in the third quarter of the
year Automobile, electrical equipment
and farm machinery manufacturers ar¢
negotiating for heavy tonnages for de-
livery in the third and fourth quarters,
but no material has been sold for ship-
ment after July 1, so far as can be as-
The market likely will mark
time until manufacturers are able to ob-
certained
tain a more accurate line on the, futur:
situation
Only a comparatively few mills are
figuring in the market for shipment th«
first half of the year. They have beet
offering small tonnages at prevailing
prices Black steel sheets are command
g from 4.50c to 5.50c for No. 28 gage
blue annealed products are selling at
‘
425c to 4.75c for No. 10 gage, and gal-
vanized sheets are commanding 6.50c to
7 96.
f awd, base
George M Berry, president of the
American
Syracuse section of the
Chemical Society and chief chemist
of the Halcomb Steel Co., will give
(For complete prices see page 348 )
297
a special course of lectures on metal-
lurgy in the College of Applied Sci-
ence, Syracuse University. These lec-
tures will cover the metallurgy of
non-ferrous metals as well as iron
and steel, and will be given weekly
throughout the remainder of the col-
lege year.
Billets Searce
Offerings in the East Are of Irreg-
ular Character
Philadelphia, Jan. 29.—Offerings of
semi-finished material now reaching
the market are largely of an irreg-
ular character either in size or an-
alysis and any considerable lots of
standard steel are very difficult to
obtain. Eastern makers have prac-
tically nothing for sale in the way of
first class metal for the remainder of
the year. Their nominal prices on
open hearth billets are $60 to $65, mill,
for rerolling and $75 to $85 for forg-
ing. There is a report that rerolling
billets have been sold in small lots
at $65, mill. Wire rods especially are
scarce and $75, mill, is quoted as a
minimum, For export, makers say
much higher would be obtainable, if
the material were on hand. A 5,000
ton steel skelp inquiry from the Pitts-
burg district has not developed busi-
ness, but 600 tons of this material were
sold at 4.25c, Pittsburgh, per pound.
Shell steel discards are offered at $45,
mill, but cannot be placed as readily
at that figure.
High Prices Prevail
Pittsburgh, Jan. 30.—Manufacturers of
finished commodities, dependent upon the
open market for billets and sheet bars,
are manifesting interest in second quar-
ter requirements, although it is not likely
that new contracts will be signed for 30
or 60 days. Semi-finished products re-
flect strength, and many people in close
touch with the situation say that billets
and sheet bars will command $65 to $70
a ton for delivery in April, May and
June.
The Sheet Bar Situation
Youngstown, O., Jan. 30.—As most
of the sheet bar output of the Ma
honing valley goes to finishing mills
in the same territory, the outsider
has little or no chance Consumers
see no silver lining to the clouds of
their troubles. The mills are sold up
so extensively—as far ahead as they
can see—that ability to get quotations
amounts almost to impossibility. The
nominal minimum is $65; the maxi
mum, as much as the maker asks
when he finds he has an odd lot to
dispose of
298
Bar Consumption
Was Very Heavy Last Year—More
Last Half Contracting.
Philadelphia, Jan. 29.—Definite re
ports continue to reach the east of
large contracts for steel bars for last
half delivery having been placed re-
cently in the Chicago and middle west-
ern districts by farming implement
manufacturers on which some conces
;
sions were allowed by certain large
producers. Independent mills quoting
3.45c, Pittsburgh, on some of these
lots lost important. tonnages which
they had furnished for a number of
years and the report is this business
was closed at 2,%c, Pittsburgh.
The bar market shows little new
buying at present either in eastern or
western territory. Miscellaneous re-
quirements make up the new ‘tonnage
Specifications are lively. The Penn
sylvania railroad and other large con-
sumers in this. territory are receptive
buyers of further tonnages of bars
for quick shipment. Practically all
independent makers continue to quote
3.25c, Pittsburgh, on steel bars and
in occasional cases, 3.50c, Pittsburgh,
has been paid by buyers.
Steel Bars Quiet
Chicago, Jan. 30.—If any finished
steel product can be said to be quiet,
soft steel bars are in that condition.
Although other finished steel products
were advanced $3 per ton late last
week, bars remain at the former quo-
tation of 3.19c, Chicago
The leading independent now finds
that its unfilled tonnage contracted
for first half will run over further
into second’ half than it had esti-
mated at first, and it is believed it
will have comparatively little tonnage
to offer its customers for second half
delivery.
Production records are being made
which are expected to equal those of
the best months of last summer and
freight car shortage has not been
embarrassing. Specifications against
contract are heavy and seem to be
on the increase. Foreign demand for
all classes of steel continues strong,
but comparatively little material is
being sold. Steel axles have been
advanced $3 per ton to a basis of
3.94c, Chicago, the same quotation as
prevails on plates.
The Record of 1916
Cleveland, Jan. 30.—Inquiries sent
out by a leading manufacturing com-
pany as to the consumption of iron
and steel products during the past
year, tspecially bars, brought in re-
plies indicating that the consumption
for 1916 was 40 per cent above previ-
THE 1RON TRADE REVIEW
ous records. This fact and the rail-
road car shortage are cited in ex-
planation of deliveries at the present
time being so far delayed.
[he automobile industry, after a
period of comparative quiet, is now
resuming activity and it is expected
that the production will be very
heavy, unless railroad congestion and
embargoes seriously interfere.
here is more contracting for the
last half of the year, but new busi-
ness is being taken by the mills in a
very conservative way. It is con-
sidered probable that advances on
teel bars will follow those announced
last week of $3 per ton on shapes
ind plate Ss.
Bars Unchanged
Pittsburgh, Jan. 30.—The Carnegie
which advanced plates and
shapes $3 a ton a week ago, has
made no change in its price of steel
bars, which are still quoted at 3c for
delivery at the convenience of the
maker. Heavy demand exists for steel
bars Deliveries of finished products
have been deferred further by the
slow movement of freight. Some mak-
ers of finished commodities have fully
50,000 tons of material on hand, await-
ing the arrival of cars or motive
power,
Bar Iron Steady
Chicago, Jan. 30.—Bar iron contin-
ues to hold firmly at 3c to 3.10c,
Chicago, with comparatively little new
business being taken. Most dealers
are fairly well covered for first half
and the greater portion of the de
mand now comes from consumers
who ordinarily use steel bars. One
feature of the market is a demand
from regular users who are buying
prompt delivery iron because their
former tonnage has not proved suffi-
cient for their demands
Shafting Demand Heavy
( old rolled
steel shaft ng 1s being held at 15 per
Pittsburgh, Jan. 30
cent off the list by most manufactur-
ers, although the 20 per cent off the
list price has not disappeared entirely.
Demand is described as heavy. Ship
ments have improved slightly this
month,
Hoops and Bands
Pittsburgh, Jan. 30 The Carnegi
company has made no change in its
prices of hoops and bands, which con
tinue to be held at 3.50c and 3c, re
spectively. Mills in a position to meet
' :
specifications for shipment before July 1,
are selling both products at about 4
Specifications are heavy an
demand exists
(For complete prices see page 348 )
February 1, 1917
Tungsten Market
Shows a Tendency to Gravitate to
Lower Price Levels
New York, Jan. 29 Prices on ferro-
tungsten and tungsten concentrates
alee ail a Ss k 1 .
are snowing a tendency to see ower
levels. A comparatively heavy business
was transacted in ferro-tungsten this
week which has established the market
on 70 per cent material at approxi-
mately $2 to $2.25 a pound of metal-
lic tungsten contained The largest
sale was one of 120 tons of guaran-
teed minimum 70 per cent material
at $2, for export over February to
July, inclusive. Another lot of slight-
ly more than 25 tons of guaranteed
-? 1 - ‘ : ) . ‘
sold at $2.10, for export in the next
of more than 50 tons, $2.05 was quoted
but the business has not yet been
consummated. Several other export
inquiries are in the market, but the
low prices which the prospective buy-
ers are bidding have prevented their
closing. The export demand now is from
other countries than England An-
other new reduction plant just com-
pleted in England is expected to
supply the surplus requirements which
previously have been imported into
that country Hereafter English
tungsten purchases abroad are ex
pected to be | ited to concentrates
The quoting of lower prices on ferro-
tungsten for export this week is
known at least in part to be due to
a desire to retard the further devel-
opment of tungste: manufacturing
abr ad
Det ind fo! tungstet concentrates
is fairly active, but the week closes
with a great deal more isiness pend-
ing than has been closed Prices which
have been d establish the market
on 60 per cent or higher content ma
terial, low in impurities such as sul-
phur, tin, phosphorus, arsenic, etc.,
at approximately $13 to $16.50 a unit
. ‘ . , C1
Ferberite continues to be held at $16
apy oe , , :
to $16.50, wolframite, scheelite and
, , ‘2 ,
huebnerite ng tere at ess The
' . , ,
iowest figures nis week ive een ot!
fered on scneei irge quantities
The largest sale, made early in the
week, involved 100 tons of 60 per cent
minimum material ror export over
Fe ruary to fune inciuSive Chere are
bids n iarge qua ties I shipment
to England, equiva to approxi
~4 ,
mately 1! pt n¢ ton I aj hk 2
Liver ) y]
1 [ 1,
Foundry Co., and the Camden Iron
& Foundry ea amden, N ai to
furnish from 700 to 800 tons of water
pipe for use during 1917 at $36.80
< ee
es
- oe batTe
ee a ae
SOV Remi all a om nai i
February 1, 1917
THE IRON TRADE REVIEW
299
and heavy demand exists for shipment
Plate Buying for Next Year to foreign countries, particularly France.
Is Being Done at Same Prices as for Current Orders and
Includes a Considerable Tonnage for Ships
Philadelphia, Jan. 29.—Definite plate
business for 1918 delivery now is at
ceptable to some of the leading east
ern makers and some round tonnages
have been closed for shipment during
the first and second quarters of next
} /
,
year. The. prices asked for that de
livery are the same as on current
orders, which are to be filled at the
. 11 476
convenience of the mil or at 4./oc to
x Pittsburgh, for universal and
sheared tank, and at 6c, Pittsburgh
for ship plates, Lloyds specifications
Included in the 1918 business closed
were about 10,000 tons of plates for
four freight steamers just placed with
two Atlantic coast yards At least
six other boats requiring about 15,000
tons of plates and 7,500 tons of
shapes are being figured upon actively
by domestic yards. A 13,000-ton sale
of ship plates for last half of this
year was made to a home buyer at
6c, Pittsburgh Eastern mills also
are negotiating for some large ex
port orders for ship steel for 1918
delivery, including one lot of 34,000
tons An eastern builder is bidding
on 10 steel barges for Alaska requi
ing 4,000 to 5,000 tons of plates The
terrific new inquiry for plat
tinues all along the line
An interesting new export matter
calls for 25,000 tons of light plates
which areato be cut up into circles
for the manufacture of hand gren-
ades for the warring powers. Japan,
Italy, Spain and Norway are in the
market for tonnages of boat steel for
the best delivery obtainable. Noth
ing has grown out of a recent 50,000
ton tank steel inquiry for export
which is not for ship yard pufposes.
4 5000-ton lot for tank construction
in the Chicago district remains open
The Pennsylvania railroad has an-
nounced a $20,000,000 equipment build
ing program for 1917 at Altoona, but
ig
the steel requirements previously had
been arranged for. There are va
rious inquiries for plates in the mar
ket fror structural shops, some of
which are larg The demand for
universal plates has been such that
these now are on the same deferred
usis as sheared plates. Some thin
sheared are obtainable in about three
T! onths. he wever Spe cificati ns,
which fell off with some eastern mills
a week ago, picked up again the past
week As already pointed out, the
inquiry is tremendous and continues
unabated. Operations have improved
and some companies are producing at
practically 100 per cent
Plates Advanced $3
Chicago, Jan. 30—Demand for steel
plates of all sorts and for all pur-
poses continues unabated and a buyer
was in this market recently, secking
to place contracts for a large tonnage
if ship plates for export to Canad
through 1918 and 1919. No maker was
muind willing to entertain such remote
deliveries It is understood the offer
was at the present quotation. Ship
builders express the belief that de-
mand for this material will last at
least five years before sufficient ton-
e has been built to make up for
war losses. An advance of $3 per
ton has been made, bringing the quo
tation to 3.94c, Chicago mill.
Plate Advance General
Pittsburg Jar 30 The Carneg
Steel Co., as br fly rep: [4 last
week’s issue of The Jron Trade Kevieu
Ja 23 advanced its price ol st
tes WO a tf 3.75¢c for « ivery a
its convenience Utne manutacturers
w are quoting plates at that figure or
ve One prominent producer is re
fusing to shade 4c for shipment at his
conveniencs Demand for steel plates
contin hea for shipment to shi
and car builders lentative inquiries
e « i tiie iast tew ¢ 5 !
» 12000 ¢« shin ni f ce
. i
ery 1918
Tin Plate Books Not
Opened
Pittsburgh, Jan 3 Manufacturers
; pl te receives sar s req ecte | ‘
week ft pe books 1 ( y alte
july 1, nex Mill no gers say ey
| . ¢ vet na d pr s tee s ver
the se i ] f ti i | kK
for fore shinenent not b
for 30 d l Owing to the
fact that re terial is avail
able f ( rt t mart
aniet | be ¢ 1] ‘
$7 to $8, bast
Many inquiries for export are going beg-
ging, on account of the inability of mills
to meet specifications for delivery.
Cast lron Pipe
Is Not Active—Cities Hesitate About
Paying High Prices
New York, Jan. 30.—New offerings
f business in the eastern cast iron
pipe market are very few at present
and the market offers no interesting
points. Both public and private buy-
ing is lighter The shops, however,
are well supplied with work and no
conspicuous weakness has developed
although attractive orders result in
sharper competition Lynn, Mass.,
took bids on 400 tons of 4-inch to
16-inch in the week \ small con-
tractor’s letting is up for New York.
Export lots in the market continue
to be added to by small inquiries for
Sweden and other countries The
principal foreign business pending is
the 2,000 tons of 12-inch for India
} xport sales are few.
Quiet at Chicago
Chicago, Jan. 30. Comparatively
quiet conditions continue in the mar-
ket for cast iron pipe and frequent
illustrations are given of cities limit-
ing their purchases because of high
prices. For instance, Minneapolis
will open bids Feb. 2 on 650 to 2,150
tons of various sizes of pipe. Bids
are asked in a way to allow the city
» close for its most urgent work in
deemed too high to
apply Oo entire tonnage asked.
Bids have been taken at Cincinnati
on 1,000 tons, but the award has not
yet been made Bids are being con-
sidered in Chicago on 300 tons of
Warehouse Prices
No price advance yet has been made
leading jobbers to correspond with
the recent elevation of the minimum of
mill prices on plates and shapes. It is
probable, however, that an early ad-
vance will be ordered Demand upon
warehouses is very strong and buyers
how tf hesitancy in paying current
ces evel lots of considerable size
The Universal Winding Co., Boston,
anufacturer of winding machines for
the textile industry, is completing
a four 170 x 220 feet, at Auburn,
R. J The company will manufacture
gray ron and steel castings for ma-
chine and will engage in genera!
‘ ac ce
ED TE
300 ?
THE IRON TRADE REVIEW
Shapes for Many New Plants
Are an Impgrtant Feature of the Market—Award for Westing-
house Plant at Essington, Pa., is Made
New York, Jan. 30.—Large inquiries
material continue to
The
represent
fabricated
the market.
jority of these
for
feature great ma
industrial
plant construction. A number of im
portant new jobs are out, including
6,000 to 8,000
field Tire Co. plant at
Md.; 3,000 to 4,000
portions of the new Worth steel plant
Del.; and a
extensions to the Studebaker
plant at South Bend, Ind., which will
tons for a new Spring
Cumberland,
tons for further
at Claymont, number of
motor
Preliminary
the
this
tons or
the
tonnage
taken on
run to a large
bids also are being new
$7,000,000
estimated to
Other
tentative or figuring
cipal award of the week was the new
house for city,
10,000
are in
court
require
ik ybs
more. large
stage. The prin
Westinghouse plant at Essington, Pa.,
which was increased to about 8,000
tons, with 500 tons still to be let
This work calls for delivery by Au
gust. The larger part of it went at
$90.80 per ton, delivered, and the ré
ft ship
July, the lower fig-
mainder at $94.80, delivered.
ment is made by
ure is raised to $94.80. Plain material
prices are steady at from 3.25c¢ to
3.419¢ to
3.669c,
3.50c,
New
Pittsburgh, or
York.
Sold Up Conditions
Philadelphia, Structural
anything
Jan 29
shapes in approaching ton-
owing to
the
nage quantities are scarce
the
One
sold-up condition of mills.
large independent company can
make no new shipments before the last
takes it out
considerable
quarter, which practically
of the market. There is
demand for material which
new some
of the mills are endeavoring to hold
off, as the obligations are so large.
Incoming tonnage still is in excess
of shipments with some eastern mills.
On attractive orders 3.45c, Pittsburgh,
or 3.409¢, still
the east on standard
Philadelphia, may be
done in sections
with some makers quoting 3.50c and
Pittsburgh.
3.10¢,
was done in
Westinghouse
8,000
even 3 75c,
that
Pittsburgh, business still
Che
Essington, Pa..,
in instances
There are reports some
the week large
plant as tons,
Mc-
Shoe-
has been divided between the
Clintic-Marshall Co. and L. T.
maker & Co., the
6,200 tons. Bids went in today through
general contractors on 3,400 tons for
the League
city, but the
former receiving
shop at
this
a structural
Island navy yard,
tender has not been de-
T he, Bethlehem Steel Co.,
successful
termined
Jan. 26, started operation with its
18-inch
South Bethlehem, which will roll
new standard shape mill at
small
and light sections.
Fabricators Enjoy Activity
Jan. 30 All mi
structural shapes now are
Pittsburgh,
turers of
quoting 3.25c for
Phat was adopted
convenience price
a week ago by the Carnegie Steel -Co.
and it represents an advance of $3 a
ton over the previously prevailing
quotation Fire last Saturday wiped
out a half dozen business blocks in
the center of Pittsburgh Building
considered by
by the
programs are being
owners of property destroyed
conflagration, but definite plans have
not been adopted It is understood,
however, that a_ building, requiring
6,000 tons of steel will be erected at
Fifth avenue and Smithfield street
Specifications for structural material
are heavy.
Station Contract
-The
Indianapolis,
Union
Cleveland, Jan. 30 contract
for the Union station at
requiring 2,500
been
tons of structural ma-
terial, has awarded to the Mt
Vernon Bridge Co. In the Cleveland
district, building is active, but most
of the structures require very little
steel and no projects oft importance
are pending at the present time.
Shape Price Advances
An advance Ol
structural
Jan. 30.
shape S Was
ton on
last
$3 per
week by the leading
the quotation to
This is largely
practically no
announced
interest, bringing
3.44c,
nominal, as
Chicago mill.
sales are
being made of this material from
mills, except small tonnages by the
lesser producers.
CONTRACTS AWARDED
First nit { the new plant ft W
gl ke] & Mig. ( <— ngtou, Pa.,
: t 8, t liv l twe M
Clintic-M hall (¢ ind I F. Shoe: er &
( tl c < ving ¢ t t!
l, ‘
H ig M I
t Vire Brid & I W ork
B < ( y
county, S ( 1, 285 t \
ginia B & | W ork
Stor < Ir H l, M t
t Pe Bridg {
Add und runw t
e I k Belt ( Nice ‘ I 4
to Morris, Whe & (
(For complete prices Séeé page 348 )
February 1, 1917
City, t Milliken I ]
Thr t A n, Met P
i r P
t to t An I (
Addition t e pla e | Ana
‘ { B kK f M r
Bros., Inc.
y M ( A W ( Mass
¢ I to tl I co Bridge & Struct
(
{ i I I I Z
t t Mt. \ Br (
Imy M I { » ok
‘ lant | ‘ H ‘
I g W '
I I ‘
l t D I ge (
» KOT H ( B st ec
2 t W { (
R
S way [ (
( 1 stat t New York Ce
I t N y M
( M (
l y { I (
Sche t N \ ’ e M
( Ma a
Sugar D (
n wt 8 Oo S S
(
I r (
W a ( A
Bridge (
CONTRACTS PENDING
| G | l
N
i) ly I I
~ : 1) S} H (
M I
Pp
LD s h y
Ad I I
M y I
I I \) {
I N »
I
\ W
N \ | > € { ‘
M é Ss
I B R
P k
I [ S
k ( 4 S }
Wire Advance Imminent
Pittsbure ] ) I d
| . .
early W
to d ‘ kelvy ‘
,
le t t p es W °
» —
iy I l I W I S
. )
} t hes ( ings i s N 24
} - ; o3
st, when qu t wer >» a
il] | ng t ] e Demand s de-
scribed s ] \ ltl gh t market is
BT
not nearly so cited as it was OU days
PE TOES Ge |.
February 1, 1917
Coke Prices
Show Wide Range—Railroad Condi-
tions Do Not Improve
Pittsburgh, Jan. 30.—Connellsville
furnace and foundry coke continues
to sell at a rather wide range in price
Blast furnace fuel for immediate ship
ment recently has been offered at $8.75
to $9.50, ovens. For shipment over
a 3-months’ period, a local consume:
a few days ago paid $8.25, ovens, f
6,000 tons a month. The market for
contract furnace coke 1s quotabic it
$8 to $8.25, ovens. Foundry owners
for delivery the last half of 1917 and
the first six months of 1918, although
the market for contract shipment has
not been clearly de ed For spot
delivery, cupola fuel is sell it $10
to $11, ovens j s
( ur ’ for t \\ re ] 0)
savs luctior was 347,490 tons
compared with 353,192 t s r week
before The iil 1 traft Situat
shows no improvement, although blast
tu ic¢ inagers ire not « pla
ne S treque ] 2 \ S i
dete ed delive es
Wide Spread in East
Philadelphia, Jan. 30—A_ consid
erable spreac c tinues to show!
by current col ices for spot de
ivery S " al sales of fu
nact coke fo ate ery ft
eastern Pe nnsyival i turna S ir¢
ported at $8.50, ellsy ee
of 15 cars also was sold I east
Pennsylvania this week at $9.25, ovens
Some maker I I I \ ( i
asking $10.25 t selves. Sma
sales at $11 ( were 1! €
this district $s W and consid
higher has e¢ te¢
Car Shortage Serious
( le velar ] Jat x _alr S
is now causing the most sé S
tro le im the ¢ ells, le regio
but the la I s rtag¢ s lso i
tacto Si T les I It iry ]
nave bee ae Clevel $1
to $11.50 s a rule f Irs
ire able to get a uirly well or
cf tract < ke
Coke Advancing
Cincinna 29.—S ) (
outhern coke s torcing { es wu
wards Almos ll ying and selling
today is for prt pt shipment lots t
fll in betw eries < contract
Only few ens in the south will
ccept siness f contract deliver
pot t icé ok s selling betwee
$9 and $1 , e _ e t foundry
coke from $10 t $12, ovens For
contract del y, foundry coke is held
THE IRON TRADE REVIEW
ill the way from $8.50 to $9, ovens.
Prices on furnace coke are nominal,
s none is to be had, but usually con
dered as ranging from $7.50 to $8,
ovens, for contract shipment rhe
ove prices refer to New River,
and Wise County grades
By-Product Demand Active
] } > } . ' ‘
St. Louis, Jan. 29 The coke ma
Ket str g at $12 for Connellsville
2-hor indry grades The demand
yf y-product coke ri ins heavy
, ,
it t car short has s “ 5
prt c t i 1 5 re er
17 1 1! ’ 7 ‘
lled fairly well N w c racts
taken } r
‘ ~ La A i i weve
> , a4
B I ng i \la lan Ww ‘ K
‘
producti 1 A ma is ¢ a larger
' 1 ei] }
scale t eve! efore and still the
‘ £- | ne af ‘
> c {” Su cie
. | ' T two <
: ‘ frit r "
ct | 5 a ; aq at
t thre Tr
}
‘ ‘
( ‘ AC | ces
ouna;¢°ry ‘ K¢
1 ,
g SIU and etter
+} ,
' pa na
1 Ty ? +} ~~ y
; Cd
S ! ‘
. A]
ai tT) .
iD : *7 : is 7 _i
halilroad bude
Trying to Induce French Government
to Change Specifications
}
j
.
,
i
~4 |
,
}
g &
iK é ‘' the rere
“ ( r " g | ¢
.
‘7 :
PP
- A] 9
* an "
| mw) ‘
| l Z
|
.
Tew %
=? ‘
‘
(
"
For ynblete prices see pad 348 )
301
Great Karnings
By the U. S. Steel Corporation—Ex-
tra Dividend Declared
New York, Jan. 30 United States
Steel Corporation directors today de-
lared an extra dividend of 134 per cent
on the common stock, together with the
gular quarterly disbursement of 1%
per cent for the fourth quarter of 1916;
and issued a statement of earnings for
he same period exceeding by far all
milar exhibits of past years, as well as
I
e than fulfilling the most optimistx
The earnings for the quarter, amount-
to $105,968,347, brought the year's
total earnings to $333,625,086, which
re than doubled those of 1907, which,
amount to $160,964,674,
“ i ng
; |
| { record y rs until the ciost
oT 1916
Tr} total earni for the quarter
ered I today’s Statement compart
vith the total of $85,817,067 for the third
f 191¢ 1 sum which then cor
. , C oe 7
t Ll recor imilarty new high
‘ were established in net ncome
96,321,610 for the final quarter as com
with $76.202.408 during the third
1; and a surplus of $69,257,592 it
final quarter , wainst $51. 859 450
third ¢ 1
’
7 ‘ be hursement f
‘ , ‘ des the
1916 amount to &
—_ Aiehuras
, Hay of $8.295.204
r , it rs
‘ TT
‘
’ ‘
nt ¢ .?] +9096
A ’ .
“ nat lly
‘
’ | ‘
De r
$24 347 41] ,
y n? ’ ie ‘ |
{) r earnings |
. >tuH) 1) cembe
; rt to ¢
1] 4/7/36 tons re
19}l¢ are wit
7 Riv ' the «¢ f 1915
t rg . ? ’ denrec |
‘ ls on the
’ r ’ 1 enhbsidiar
, ' t $9 646,737
not , sane for the
‘ TT) ’ >it 379.675
( f leposit !
‘ Fi re ’
, ’ },
| | | lax ne Co
. oe ame to the
302
Low Scrap Prices
Attributed to Railroad Congestion
Making Shipments Impossible.
Pittsburgh, Jan. 30.—Scrap dealers
say prevailing low prices are the re
sult of the abnormal traffic situation.
Railroad embargoes have placed
limitations on the territories in which
Several days
le
i€
scrap may be offered.
ago, a producer of a certain gras
of scrap in this district asked bids
on a rather heavy tonnage of ma-
terial. Attractive prices were offered
by prospective purchasers in adjacent
territory, but their quotations could
not be considered, because railroad
embargoes made it impossible to ship
to the points in question. As a con-
sequence, this tonnage was sold to a
nearby consumer at a
price. Heavy melting steel is quoted
Other grades are
at $22 to $23
correspondingly low in price, although
quotations have not changed much in
position this week.
Inquiry from Pittsburgh
Philadelphia, Jan. 29.—Reappearanc:
of a demand for heavy melting steel
from consumers -in the Pittsburgh
district, which has caused some new
inquiries to be circulated here, has
improved the tone of the old ma
terial market and the outlook is more
‘promising. Offers of $22.50 to $23,
delivered in the Pittsburgh district,
are being made for § steel Only
small lots of steel are being dealt
in for local use and most of this
is between brokers, in which as low
as $20.50, delivered eastern Pennsy!]
vania, is being done For tonnage
for export, $22, Philadelphia, still is
obtainable. Though the tone of the
market is improving, there was some
further easing of prices earlier in the
week which has not been recovered
The Bethlehem Steel Co. was a fur
ther buyer of borings and turnings
at $13.50 and $13, delivered, respective-
ly, or 50 cents under that paid the
previous week.
Prices Still Soft
New York, Jan. 30.—No appreciable
increase in the buying of old ma-
terial has taken place, although re
ports of some betterment in other
districts are being received. Prices
continue soft. Wrought pipe esp
cially has been weak. For heavy
melting steel, some of the brokers
will not pay over $20, delivered east-
ern Pennsylvania, or $18, New York
Inability to get through shipments
because of freight congestion and car
shortages is adversely affecting the
market. Export inquiries still appear
THE IRON TRADE REVIEW
but freight room is practically un
obtainable
Not Very Strong
Buffalo, Jan. 30.—The old material
Buffalo
en more or less inactive in the
irket of the district has
No large orders in any
f the lines of the list have beer
eported A number of the special
es a commanding prices abov:
schedule quotations, but this situatior
has no particular bearing on the mar
ket pri es, as little of the tonnages
of this character sought is obtainable
at the present time,
unchanged from the softened figures
reported a week ago
Cleveland la 9.—No material
changes in scrap market « ut S
l ippeared n th Ss t y WwW tl n
the week The first mont! of the
year normally is the dull period in
the old materials business under any
( naitiotr but ( levelar l scrap deal
ers elieve that the end of tl Ss years
loldrums in sight Heavy melting
steel is offered at $21.5 t $22; cour
t mixed, $16 to $16.50 uil id ir
wheels, $18.50 to $19: N l machine
castings, $17 to $17.50 nd No. 1
sheling is nominal at $18 I
ht situation is reported as slight
ly improved.
Dealers Optimistic
Cincinnat Jan 29.—Dealet have
not lost faith in the t und
steel scrap market despite the fact
that tl expected lvance 1 prices
S not ( realized They ire <
t pil that a large nu er of!
ers scrap iro n this territory
s well $5 in surrounding districts
ll co nto the market suddenly
tur is they |] e ne
ght any tonnage to speak of in
he past I ynth 1us¢ poss ble
peace in Europe. Since the ending
ff the war in Europe is not in sight
the majority of dealers here think
that undries and rolling Ils will
go ahead with contracts hand
which means that they will need con
siderable supplies | he st quarte!
ot the yeat Pr ces today ire ul
changed from those that prevailed
last week, although sales in the past
few days have not been important
enough to test them Heavy melting
scrap is quoted from $19 to $20 a
gross to Cincinnati, and No. 1 1
h ne cast is que te 1 ron $15 SU ft
$16 per et ton. Cincinnat
Chicago Market Quiet
( hic ig ] 30 { S S
iron and steel scrap in Chicago be
lieve that prices will not be n aterially
February 1, 1917
higher than at present. It is said that
most melters have large reserve stocks
either in their yards or under contract
and believe this is the time to use
them rather than to buy further and
have a large supply when prices
'
weaken later. As a result, deals are
S ill and irket 5 et Prices
ire little « inged from week to week
| most T g ~ e d ilers
o obtain rial for delivery
( ntracts
| auilr ads S¢ | k w ul
| transpor Z Ss nei. i
| ’ |
( tliat S I Ss I a iarece
‘ i dine 4 : .
ks ry} ock I l uilr a
filers 3 ) ¢ lu Wi) <
f No. 1 eel rails; t Santa |
lr ] fers 2,200 to! cluding
. ’ 7
0 tons of No. 1 wrought e Nortl
ster! lroad offers 2.700 t the
Burl te 1,700 tons; the Monon, 325
Ss d he M ch val entra he
Firmer at St. Louis
» iis, Ja 29 here sa rmeé¢
i | S< I i t he v1
sed il consum
ers aiso ws es ( S
7
inv s a . ( ( iet
S are ex s I to re
: ’
¢ T r irk as s cKS we
‘ :
( ; low caus ght pu
1S 5 I c i ) ect er Ir
eee . | 1 ] +} + ++
q s e develops that country
Ss f ] “OT ‘ }
ip i y cK to this
-_ } ‘ 1 1
is nm pre y C cieane
up, a is rail 1 off gs continut
extre y ght e general belie
g ere a 4 4 oher ricec
+ 7 +1 r"
evall §
ve ‘ ?
Gattliing ( eaner Bch
" ettling yven¢ OUSIY
S °
~ . , _ :
_nicago lar Zv I yin Nati I
il Watch ( f Elgin, Ill., is setting
’ ' . ’
a precedent I tne I tte? ot Settic
ment I la ikes t! I cs o!
¢ Dp yes > tns ig water
P af +1
é ( ) S irteSia!r we
| ° |
caus 4 epiat N I 1 hth 1 and
nhaia 4 e } f Voce
y | ever ( s I t n
[Twenty employes died { these
, ’
seases a t ( yany S ma} g
‘ ' a4
voluntary settlement with their fam-
ilies t ugh the state industrial boar
a z il o! $50.0 } There is e€
. ’ . e 4
no court act mn at t! i e€ or tn
y } } ‘ » of
( npany as A 4 il ODiiga
‘ ‘ , ‘ 1A 1 }
n reste¢ ) s s 1 e ¢ io what
could for the { lee ¢ forme
¢ T ves
The plant of the Wm. Adams Four
North Ninth street,
ify Lo Phila-
lelphia, was badly damaged by fire
Jan. 21, the loss being estimated at
$20,000
Sr erence 350
ee
@rece-*
a oe
CP eer >.
February 1, 1917
Coke By-Products
Export Contracts Take Up Unsold
Supplies of Benzol
New York, Jan. 29.—Final details in
the closing of large export contracts
for caal tar chemicals for the manu-
facture of explosives were carried
through the past week. These trans
. , , ,
actions have taken up largely the
unsold supplies of benzol, phenol and
toluol. It would be difficult today
| - + 1 + ** q .
to place any large quantities for ship-
nt by Jan 1, 1918 hese contracts
expire on that date, but they include
| , Sa | . - | -
the usual armistice clause which pro-
vides for the suspension of shipments
30 days after a truce has gone into
. _ ° ‘ ‘ .
effect. The benzol market especially
‘ ‘ a. SA ass an - 1
nas een he aviuy soid ip and sellers
state they probably would not be able
to collect more tha 10,000 to 15,000
gallons monthly f free supply for
the ret ainder I " yea There 1s
, . 4
S é ld lot lying t enzol by
nestic users, but the main business
recently has been for export Prices
» F cs + + 11 .
ire | “> to OV cents per gaiion
Formal < cts w have be
piaced W 1 \ KS y c »TILIS
government f large quantities of
t lu ] vh ch wer a I Ily « ysed SO!
, , :
weeks ago for delivery in Canada
This business has absorbed the war
supplies except for small amounts. A
leading eastern maker who has been
S | ng only tor peace uses ais nas
] . Pp
his output largely 1 er contrac Prices
aide . e1 7c “e
are steady at ) Si. tO Qe pe
gallor The recent requ ents o
the United States government for
50.000 to 60.000 gallons have e¢
ful y cl Ss 1 Ay - = some sh ta)
1 ’ af " "
i’ i ut y ( mes ( makers ot
' . , 13 ,
( acid W ave € nqgu ing
: F
t which ey < 1 buy to the
‘ ne y +1 = } leee
est idvantaRg¢ { ias een A1LLIC
} late r 1, “h
vity tne atte duct Che
‘ ,
irket is wu ge at from 930 to
55 cents per pound
Solvent naphtha still presents an
easy price situation since production
- : o~
is large. Current prices are from <9)
to 30 cents, but the lower level can
os 2 : ,
e snaded on attractive usiness. Sul
hete af ammante fo r] leliver
phate Of ammon ) Cariy delivery
continues to command higher prices
since the demand for this product is
heavier than the supply Only odd
carloads are available for sale Prices
100 pounds
are
at government
tionhs a anr? himmente
S tigntening S ex] shipmer!
+ | | - e 5
eve to its < nial possessions a
‘ 7 ae
censes ar¢ required for all outside
eliveries uly es 1
page 348a
Che Chicago offices f Rogers
Brown & Co., will be removed short-
THE IRON TRADE REVIEW
ly after Feb. 1 from present quarters
on the 15th floor of the Corn Ex-
change National Bank building to
1963-4 McCormick building. The pig
iron sales offices of Chicago are be-
ng centered along Michigan avenue
during the past few years.
Getting Restless
=
And Railroad Employes are Causing
Trouble
Chicago, Jan. 29.—Strikes among ri
pair of various railroads in th
west have begun to reak ut and
se much convenience to trans
tatu nterests, particularly in th
present shortage of cars, when it is
i le ) keep c c iT p Ss le
$s service \ union 1
ce ly was rgan red in 1 this cl ss
workers nd 1s K¢ tf the e!
pl 5 > i tl 5 de art oT the
| ig M | vaukee & ot | il rail
l eclared Jan. 27
reas or wawzes a ! te k
a n litions ire : led \ vit
} c pl yes ré ny ly 1 his
strike
>» 5 la Strik t]
ploy S f ti Ii] s CLé
|
I I l aye l a
+1 . a all , ,
it is ex] The 1 ;
t] ré c pl ved so
: 5s v t 5 1
lly it le t
1 with the orgat i saw l
set < Ais a 4 + will be 1
77 .
Li-ac Ss I f i es st .
N k, N. J t rece
‘ ° . i vy wv :
\ t ~ ‘
, . -
am . ‘ \ " \ { ;
and wi cost ec $350 000 and
S500. 000 | ; =
ni
amiit > t ‘
1 six f eight F .
1 ?
I 2 e < vill a *i 5
‘ ,
present pliant New i hie
pr icts W '
white I etal a ys I all } Ss
M P
roce roerrea _ .
Merger Frogressi
I ans for tne ‘ ge or he A ’
can R l M4 1 ( M et ()
} the r ! s | & a
( ur , O , s slowl:
it it is ex] that they w
,
e carried S \ er unin
, tant det . P ea ~
The ‘ ’ 1 ive a capita
$37 500.00 | present capita
f the A R ng M { <¢
Se 200 OOD
New E mbargo
Causes Very Serious Conditions at
Detroit
Detroit, Jan. 31.—Although an em-
bargo placed on all shipments of
freight from the east by way of
Toledo, excepting coal and perishable
od products, ended at midnight Jan.
27, and the congestion of cars in the
Detroit yards was somewhat relieved,
1 congestion was created dur-
ge the next 48 hours that a new
nbargo was declared effective at
dnight Jan. 29.
In the meantime, Detroit factories
re receiving no raw material and
ugh they are rapidly . replenish-
g their stocks of coal, many large
ndustrial plants are in danger of
closing because of scarcity of steel,
ron and other raw materials. While
he first embargo lasted, no Detroit
factory received raw steel or iron
| their stocks, already low, were
‘dq during the 48 hours
ervening between the embargoes.
here is. no definite time set for
new embargo It may be for
ys and it may we Tor wecks, it being
ned that congestion in the
Detroit vards must be eliminated even
t] expense of shutting off busi
a F ” A alll ; i .
verdict Against Union
‘ \ tne supe ! court if
g { vs awarded $5,000
| agt tne Max Ams Machine
{ Fa eld, ( ! n its suit against
cal union No. 30, International
at f Machinists, Bridgeport,
1 ss Age George | Jowen and
Pp Fy. 6 1 ind William Seemar
‘ f ft pal The com
ys lf izes allewed to have
é sused picketing during a
g strike at plant last year at
lat n
Maxim Protests
Hudson Maxim, the inventor, in an
iddress bef the American Drug
gists’ Syndicate in Long Island City,
an. 23, vigorously protested against
the recent award of naval shells by
the naval department to Hadfield,
Sheffield, England. Mr. Maxim plead-
ed for the erection of a tariff wall to
protect the new industries of America
from th nvasion of the products of
he close of
National Railway Appliances
\ iation will have its annual exhibit
{ sé Chr avo March 19 to
éZ ‘ us ,
en
<=
oo oe
ees Te
AS BS SS
304
Inland Steel Co.
Declares Cash Dividend—Reorganiza-
tion Plan Approved
Chicago, Jan. 30.—Inland Steel Co.
its adjourned annual meet-
cash dividend of $5
March 1 to stock
today, at
ing, declared a
per share payable
of record Feb. 10.
Stockholders approved the
mendation of the directors relative to
recom-
corporation is to
of Inland
Delaware
stock of
reorganization. A
the
laws of
be formed under name
Steel Co. under the
with the authorized capital
$30,000,000 to take over and carry on
business now conducted by this
Of the new capital stock,
the
company,
$25,000,000 is to be issued to present
stockholders in the ratio of two and
one-half shares of new stock for one
of the present company. Par value
is $100. The remaining $5,000,000 cap-
italy stock is to be held in the treas
ury of the company to be issued here-
after as voted by the directors. For
the purpose of facilitating the ex-
change of stock the First Trust &
Bank of Chicago will act as
depository.
Savings
Present officers and directors were
re-elected The financial statement
for the year is as follows:
Net n er
ducting es ! re
$1,344,406 ) 1! l 16
Other i 124,431.40
Total pr ye 11,3¢ ; 4
Le
Prov. f dep &
rer t plant 4
Prov i ex!
tor minera l ; l 4 ]
Ne pr ry 10,8 5
1) ct
Ir n bor 4
Dividend 8 1,1 8
7 878 ~
Add t De 1, 1 6,708,53 8
Surp. D 1, 1916 16,359,409.8
New Pipe Plant
W. H. Stockham, president of the
Stockham Pipe & Fittings Co., one
of the most successful industries of
the kind in the country, announces
the purchase of a site in Birmingham,
\la., for the erection this year of a
large and more modern small-pipe and
fitting plant. An expenditure of $200,-
000 is proposed and the plant will
be so constructed as to permit of a
development of the welfare of the
employes.
Frank L. Froment, senior member
of Froment & Co., 150 Bank street,
New York City, leading iron and
steel merchants, died Jan. 29 at Miami,
Fla., aged 64 years. He went south
early in the winter in the hope of
recuperating from an illness of last
summer, Mr. Froment occupied a
THE IRON TRADE REVIEW
February 1, 1917
prominent position among the iron increased to about 75,000 tons annually
and steel merchants of New York Its present capacity is about 65,000 tons
City. He was a native of the me- annually. There is some talk of a plate
tropolis mill The plant will be perated bot
5 seni on fabrication of general building worl
© a - > as heretofore and of sl ip mat il
Milliken I lant the standardized plan \ w shipbuild
. g corporat s t forme
Is Sold and Will be Developed Into 1] is es in
rie ( { svi ¥ cy Ul iit
a Ship Building Concern. 3 ace os vain
property which the re s fillikes
New York, Jan. 30.—Subject to th Bros., Inc., have accept mounts t
ratification of the stockholders at a spe- $1,900,000 made up of $100,000 «
=F ahie unon th — 1 ae
cial meeting to be held Feb. 23, at Ri — aoe oe ' Sn
holders $150,000 ( I ible b
| ; } a ; .
—_ Va. the steel fabricating pla June 1, 1917; $250,000 in cash payabl
and real estate of Milliken Bros., In August 1. 1917: d $1.000.000
I ated n statet Islat a, New Yor | Augu t | 1917. eit m casn orf
harbor, has been sold to Wallace’ that amount of firs gage 6 per cent
Downey of New York and associates gold bonds of tl new corporat
and will be developed into a large ship- iaturing in 10 years
building plant Mr. Downey recent! The present Milliken pl ‘ erect
disposed of his holdings in the Standard in 1906 and besides the f g sl
Shi but ne ( rp ifior S] ters ( sisted or 2 @ eel “ rk t five 5{)}
Island, New York harl tf w ] é ton open-hearth f1 looming
W the orga roughing and 28-in tural sha
nounced by t new ow ( ils mill Sus! ntly t t went int
10,000 i «} p her " her , bankruptcy and +} steel w ]
| 7 | * ; ’ 77
pt! < ( to the ) erry \ fe ma were dismantliec t} ++ go s ;
and t utput f the fabrik g Ss other steel cor panies
gf
P "
é Nan. tale
Pt) a. | 1]
; 1@ LNOM-eFrerrous Wievlais
ad + < u
we
* °
sy Copper Lead Spelter Tin
| =
aa A PT AT ET PET
New York, J Pr 1 the n Brass pr {
V : ‘ 5 I St
y ! r “ 1 y L) |
i \ pr
I Ir ppe we yy Re
y ! Pp t !
lect WW ex c | n
| i} er »
‘ n te sh, New .
y y Fe lary, 2.50 t . ) . .
‘) , e
N t Ap t
M ] ‘ t l rime
cop] la t
- P c I
| y shipment i ¢ 5 :
r a y Or \ sting < Pe '
Pp 1 wit i W“
‘ ‘ ad P -
Jar ipment and for I '
, ‘
I ‘ pre ed va ™ ne “‘e i ; . o
I . the t le ] Ke the :
" 14 . i I M
Amer n Sr ge & Refining ¢ yesterday -
. Mi Apr 1
& New \ nw ]
. ‘ ead ket luc | g
t | ‘ vest w s . y
* ; ' ‘
r ying i ents tl east \ , , .
pre ims eve reme¢ 1 i } s i l
S N vy Y k I | S [ ’ t g
t “ ted 8.1 > ] s ®
February at 8c to 8.1 March te t é
87 8c, St. Louis, i urge ‘ 1 it é g f PI
terest is offering April, M shir baux I I pt
ae 77 St I No. 1
I elt wing | twas virgin, N
wl | es ! prime ester ester N 41
11 St. Le i ry f nt nd I t k “ ‘
1 87 rf Fe r FF y ve by lv
son ‘ fferings The r rket now s I wing adv I r
te s \ Prompt Febr ff yesterday y Spot S t
10.37 t 10.62 mm. F s; M 1 " ted at 7 Fet
1 to 10.37 second quarter, 9.62%c to riva t about 45
(For complete prices see page 348 )
N
Problems of Electric Crane Design
The Construction of Traveling Cranes Along Tested, Practical Lines is Strongly Urged
—Important Factors in Crane Design Are Discussed With Consid-
erable Detail—Simplified Methods Are Suggested
N VARIOUS trade and technical
journals contributions have ap-
peared from time to time on the
subject of the electric traveling crane.
These articles dealt chiefly with the
design and proportions of the several
parts from a technical standpoint and
this phase of the subject has been
quite thoroughly covered. As_ the
writer lays no claim to any technical
knowledge of this nature, he will have
to attack the subject of crane design
from the viewpoint of the mainten-
ance department.
On the walls of that department, in
every shop, should be blazoned in
large and glaring letters one word to
be kept always in mind, results. The
maintenance department is a very im-
portant one in large plants, for on it
depends the continuous operation of
the machinery. It has, therefore,
considerable influence on the design
of the machinery to be installed in
the several departments under its
care.
The electric overhead traveling
crane is perhaps the best known and
most successful device that has been
developed up to the present time for
lifting and transporting heavy weights.
Since series wound, reversible motors
BY B. H. REDDY
have been perfected, the use of cranes
has. been’ greatly extended, and
improvements in details of construc-
tion have been extensive. Perhaps no
other machine has been influenced to
a greater extent in design, application
and operation through the use of the
electric motor, than the traveling
crane. Another factor of prime im-
portance which has had much to do
with the design of the modern crane,
has been the steel plant with its de-
mand for a machine which would give
maximum service with minimum re-
pairs. In steel plant service it is ab-
solutely essential that repairs be
made economically and promptly.
As a result of suggestions by men
in intimate touch with the practical
requirements and severe conditions of
service, there has been evolved the
so-called mill type of crane. Early
experience demonstrated that it was
necessary to rebuild many cranes
which had been very carefully de-
signed, in order to have them meet
practical working conditions.
Many early designs seemed to indi-
cate that the designer gave no
thought to further replacements. On
the contrary, it frequently appears
as if the engineer deliberately tried
to make such repairs as difficult as
possible. Again, some designers ap;
pear to have adhered to their calcula-
tions to the letter in proportioning
the various parts, making no allow-
ance for contingencies, nor for the
fact that their figures were based pri-
marily upon assumption. Years ago
the writer heard of an engineer who
continued to furnish a certain design
and arrangement of brakes on his
company’s cranes, notwithstanding
numerous reports that the device was
a failure. Ignoring continued com-
plaints from dissatisfied customers,
he asserted that his design was theo-
retically correct and refused to per-
mit any changes. It would be inter-
esting to learn the cost to his com-
pany in additional parts furnished and
in trade lost, as a direct result of
this obstinacy.
A certain 10-ton crane, which had
been installed in a large manufactur-
ing plant, had the main-hoist gear
keyed to the shaft outside the trol-
ley frame. Within a week after the
completion of this installation it was
found that the shaft had a perma-
nent twist of nearly one complete
turn. The crane manufacturer rte-
placed this shaft three different times.
FIG. 1—FOOTWALK ALONG CRANE RUNWAY SHOWING FIG. 2—INSPECTION DOORS FOR EXAMINING INTERIOR
RAILS, PLATFORMS, GEAR GUARDS AND HANDRAILS
305
GEARS
Grbon Lochs
FIG.
3—SIMPLE
HOME-MADE
DEVICE
SUSPENDED BETWEEN CABLES TO
PREVENT OVERTRAVEL
HOOK BLOCK
OF
THE IRON TRADE REVIEW
Finally the head of the crane com-
pany called on the designer for an
explanation. That gentleman care-
fully checked his calculations and
triumphantly reported that he had
found them to be absolutely correct.
An investigation disclosed the fact
that a series of castings had been
lifted which weighed slightly over 12
tons each. It is all very well for the
designer to attempt to hide behind
the claim that the crane was only de-
signed for a 10-ton load and not
guaranteed for a larger one, but there
is a moral responsibility in such cases
even if there is no actual legal redress.
FIG. 4—LIMIT DEVICE INSTALLED BETWEEN HOISTING
CABLES TO
PREVENT OVERTRAVEL OF HOOK BLOCK
February 1, 1917
Many modern cranes, however, will
readily take care of severe overloads.
In one instance after the installation
of a 15-ton crane in a rolling mill,
the size of the mill was increased.
The new roll housings weighed 30
tons each and they were unloaded
from the cars, transported and placed
in position by this 15-ton crane.
While this may be considered by
many as an exceptional case, it dem-
onstrates the confidence of the pur-
chaser in the crane. This incident is
cited to show the work sometimes re-
quired under stress of circumstances.
The confidence of a purchaser means
future business which is not to be
measured by the requirements of. that
particular purchaser.
The following are some of the im-
portant points to be kept in mind
when designing cranes: (a) Strength;
(b) rigidity; (c) simplicity; (d) uni-
formity; (e) accessibility; (f) safety,
first and last. These characteristics
are distinguishing features of the mill
type crane. Proper strength of the
parts should be maintained with due
allowance for excess stresses which
may be put on any one part at any
This involves the use of the
“safety factor” but which is
time.
so-called
in reality the “factor of ignorance.”
Although not usually
this is a
so considered
of the first
able to
“safety feature”
magnitude. A crane must be
handle its rated load with a large
margin of reserve strength to take
SDa/s7 /f? feet
40 45 30 35 CO 03 70 7 B0 8) W 95 fo 40 43 30 55 60° 65 70 75 BO 85 90 95/00
Al/2 1/3 \/5\/6 \/2 31/5 |46 1/81/91 2/ 224 A\/8 \/9 \20\2/\/6 \/8\/9 \20\2/ \23\Z4 \26 \27
BL Z4 | 27| 30 | 53\ 56 | F9| 42\95\48\5/ |\5Z| 57160) \We|Bl 30 | 54 F714 125129) 52156160165 166 |70 |74
CW BSTO ZOO 6 BOM 7272 | 7077 8218S BSI SIC IOClOM 77757-9167 AGB 19-0193] 961 FDV02
iL SWN6-O}6 ZO7F\FV6-O102 0-36-3516 06 B6-N6// 72\7'3\ 7-4 FIAT 7 7\7-8\8-/ 8 2B-A\8 58-718-8
iS 1/5 \/9 | 16 \l2 1/3|/9 | |/8\/9 | 2Z/ | 22\24\NT TAT/6 179 12012/ 176 178179 |20|\2/ 23 | 2627
£4\27\5O\ 53 \ 56 \39\42 |45|48\ 5/ | 54\ 57) 60 ais!2 350 | 54\37\4/ \25\49|52\56 |60\63\66|70\74
Ss BS M62| 6968 6M 72\75\7-8\ 7V\F2\b-F 8 -ENS| MIC |F-7| FB 26S BM F-21751 9F- V0) OAV IMOI V3
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@N\/3 \V/7\/8 \ 15 \/3 | 6178 \9 201222312, Al 20\2/ \22\23\/8|/9 | 20\2/\22|24\25\27| 28
£6 '\29\F2\ 56 | F942 \45\49\|52\ 55\58\6 65 Ng 32 | 56 |\40\44\48\52\56 |60|64\68\72' 76 |\80
BL \OIOB\OM72\7-5|\7-8-0\8- FBO |B 0097/ |s | C |7B-2\B OB M9 -2\F-6|F 0/0 20 G02 6 V0
SOLED ODO V\OI16-6\6-81 6-610 7-0\7/ 7-3) 8 | 9-5|9°6|I7|F-2| Fd 9-5) F-6| 9-7) FO| FIOO-00-/
SE 19 \/7\/8 \/3 \/5 \76 \78 \/9 120 \22\23\25 |S 20 \é/ \2Z2\23\/8\/9 \20\ 21 \22\4\25\27\28
| B 1291521 159 142145 149 | 52195193 162165 Al x\B| 52 |56 |40|44148|52|56|60]64)68|72| 76 |60
8 6/\6 S167 72\7- 5-8 BOB FBO \8-IF-/\F- a} CIAO 82)86\EMI2|9O6| FO NA0 EWM 26K
6°716- 116-6 \6-9|6- NOU \7O\7-/|73| FA 7S F-5\9-6|9FD)F-3B9IF| IA F5| FFM 0-1] 0-20-LV0-5
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C16-3|6°6160)7/'\7-5\7 818-018. WAFS \F-3\FAS| NIC 18°6|80 F219-6 1910 020-6 VOM 2-6 VIEL VCO
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LS 6 |/7 1/8 |\20\/9 | \78 II\ZO'ZANZI\CANCOIS| 1A) 22125124125 20 \a/ |22123 | 126 1272950
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Add Differerices of L fod" of Crarzes havirig Aviary [10srs
FIG. 5—TABULATED VALUES OF DIMENSIONS FOR DIFFERENT LOADS—GENERAL DRAWING OF THE CRANE
IS SHOWN IN FIG. 6
‘w7e wa er
See LS grey
February 1, 1917
THE IRON TRADE REVIEW
| i
(tirimum Creararice 33
13 (eset) :?
J 5
a Mook in agtrest Posith Ji4
parr Center to center of Rurmay Roif men” _| x
A .
oY .
phe +i ee
Jdide Lievarior of Traveler Bvildirng Coherm
for Oirders /7° Wide
Soa Be oe
3 /fotor =F 2,
4 /ioter - 6-iE~
Lrid fLievatior7 x
FIG. 6—SIDE AND END ELEVATION OF TRAVELING CRANE SHOWING TWO TYPES OF CONSTRUCTION
care of wear, use and abuse, without
endangering the life and limb of the
operator or of the men working be-
low the machine. Failures have oc-
curred from lack of rigidity although
ample strength has been embodied as
measured by ordinary’ standards.
Simplicity includes the reduction in
the number of parts as well as sim-
plification of their design. Uniform-
ity may be regarded as interchange-
ability of parts. Where there are a
number of cranes in the same plant
this feature assumes considerable im-
portance for on it depends the num-
ber of spare parts to be carried as
stock for quick repairs. It may also
be the cause of proportions which
will rudely shock the sensibilities of
the highly theoretical designer, but
results in a large saving in dollars
and many hours in delays for repairs.
There is no doubt that interchange-
ability is an advantage to the manu-
facturer. It saves work in the draw-
ing room, and in the shops by reduc-
ing the number of parts to be de-
tailed and machined.
In one plant where the writer had
supervision of operations, there were
a number of cranes. There was such
a diversity of sizes on similar parts
(many dimensions varying by only
1/32 or 1/10 of an inch) that it was
a subject of conjecture why the de-
signer had not arranged different
proportions of gearing and different
diameters of track wheels at oppo-
site ends of the same bridge. It is
possible that this opportunity was
overlooked! Accessibility refers to
the design of parts that makes in-
spection, removal and replacement
possible with a maximum amount of
effort or disturbance to adjacent
members. This feature exerts an in-
fluence on wear and repair expense,
because if all parts subjected to wear
are readily accessible, the machine
will naturally be kept well adjusted
and lubricated. Another requirement
that exerts its influence in crane de-
sign is the demand for safety features.
This subject requires careful atten-
tion since it has a strong influence
l[Lolley Dime. age 5
Z
Fa 1% ALO S\—|—|6"| |Z
0 “6/9 \-5|—|— 6 “cc
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FIG. 7—TABULATED VALUES OF DIMENSIONS OF DIFFERENT LOADS.
APPROXIMATE LIFT IN FEET WITH TROLLEYS OF DIFFERENT
SPANS AND CAPACITIES
(For General Drawing of Crane See Fig. 6.)
on the general arrangement as well
as on the design of details. Safety
features have been given more and
more attention and many concerns
will not purchase a crane until a
close inspection has been made with
regard to these factors. There are
quite a number of these features, such
as signs, locks for controllers and
switches, which will not be consid-
ered in this article, since they do not
affect the design of the crane proper.
Selection of Motor
In the selection of motors, it should
be kept in mind that in the power
plant of the entire machine very little
attention should be given to price as
compared to utility. As illustrating
this point, an instance is cited where
a 7\%-horsepower motor required al-
most daily attention with the attend-
ant delays. In its place a suitable 5-
horsepower motor was installed and
in four months of service no repairs
were necessary except new brushes.
In the construction of the trolley
some designers have been inclined to
sacrifice accessibility to compactness.
But the fact that it is possible to
build a trolley both compact and ac-
Milt 4 Y
FIG. 8—KEY GUARD FOR OVERHUNG
GEARS
cessible has been demonstrated by a
number of cranes on the market. In
these designs, a shaft may be re-
moved by taking off the bearing caps
without disturbing anything else.
Where the motor pinion is carried on
an extension of the armature shaft,
the motor is less likely to work loose
from its support and it is also easier
on the motor bearings. This method
affords an additional bearing for the
shaft and a convenient location for
the magnetic brake, if one is used.
Rail stops for the trolley are some-
times fastened to the rails which in
turn are clamped to the top of the
308 THE IRON TRADE REVIEW February 1, 1917
Place four Lugs or7 or7e Side
fad Three off Qppasiie Side
Taper of lib Taper of ib
FIG. 9 If “Ile FIG .10 G Wa”
| |
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; ~— Cle | lis |/3 [248 lie FF 3
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FIG. 11 FIG. 12
. £-(o be called for) w=
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4 / / Ach &i
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77 7 GC/ rgiziai/ i/i/h/ WinlaVsV3V; tial Yi
) i 4 n / 18 by (2 V5V4|
FIG .13 FIG.14
FIG. 9—STANDARD DESIGN FOR CAST STEEL TRACK WHEEL.
FIG, 11—SHORT AXLE FOR BRIDGE TRACK WHEELS. FIG. 12—STANDARD PRO-
ROLLED STEEL TIRES.
FIG. 10—STANDARD DESIGN OF WHEEL WITH
FIG. 13—SADDLE PIN FOR END TRUCK CONSTRUCTION. FIG. 14—
KEY PLATE METHOD OF SECURING SADDLE PINS
PORTIONS FOR LONG AXLE.
917
|
February 1, 1917
bridge girders. The impact of the
trolley against the stops frequently
causes shifting of the rails length-
wise. This objectionable feature is
especially noticeable where work is
done at the extreme end of the bri
The use of a spring stop is said to
eliminate trouble from this source.
Under certain conditions, greater
economy in speed of operation and
cost of repairs may be obtainea by
equipping the trolley with a_ brake
for the cross travel. This may be
especially true in foundry service,
where in tapping a heat with the ladle
suspended at the spout of the furnace,
the force of the inrushing metal fre-
quently drives back the trolley and
necessitates the operator plugging
his motor to hold the trolley in po-
sition. Constant plugging is bound
to have its influence on the repair
bill. In pouring and in shaking out
molds, this brake is exceptionally use-
ful and saves considerable time. Its
value in spotting the trolley becomes
at once apparent, when it is con-
sidered that in foundry work as many
as 150 or even more molds may be
poured from one ladle of metal.
Bridge Driving Gears and Line Shaft
The writer believes, the main driv-
ing gear at the center and the pin-
ions at either end of the line shaft
should be put on with force or shrink
fits to remove the liability of these
parts working loose under constant
reversals of stress. They should be
mounted on short sections of the
shaft and these sections connected
with plain flanged couplings. This
arrangement permits the ready re-
moval of a section and its easy re-
placement as the sections are light
and. easily handled. Moreover, since
they are comparatively small and in-
expensive they are likely to be kept
in stock, fitted, ready for use. The
use of split gears is to be avoided
wherever possible.
Much trouble and expense for re-
pairs is caused by the use of gears
with faces too narrow for hard and
continual service. Greater attention
should be paid to this common source
of trouble. The main drive gear for
the line shaft is said to produce the
best results when placed at the center
of this shaft. When this plan of con-
struction is used the two ends of the
bridge progress evenly while if placed
near one end the bridge ends have a
tendency to start unevenly. In this
same connection, the author believes
practice of using track wheels revolv-
ing on the axle should be avoided.
These two forms of construction are
suitable only for small, light cranes
of inexpensive design. A method
which has proved to be satisfactory is
THE IRON TRADE REVIEW
obtained by forcing the wheels onto
the axle, and having the axle revolve
with the wheel. This minimizes the
possibility of poor alignment, with
the consequent rolling out of the
flanges and runway rails. The bear-
ings are exposed for inspection and
lubrication and being so separated,
the alignment of the wheels is only
slightly affected by wear.
The author is of the opinion that
no conductor wires should be used
where they*can be avoided. One
ricating or inspecting, These plat-
forms should be provided with hand
railings and with tow boards at least
six inches high to prevent anything
from being accidentally pushed off,
endangering those below. An even
better arrangement may be secured
through the use of a steel mesh guard
extending from the railing to the
floor. Figs. 1 and 2 show platforms,
hand railings, two boards and gear
guards. In addition there is shown
in Fig. 1 a footwalk extending along
SZC Of Crarze Fropes
i
Ss
Number of Ropes Supporting the load
Oe Ts Tolelslelrlareie iia
mar.
2 i
STH
A at $
5 Fira:
; bys
7 Tf SF aFAF.
8 a ae
/0 y :
EVEL! FArAarir:
IS \is |/\# zAlz\izizlz
20 7#\ 1 ] Fae:
25 /q\la\/
350 Sey + 4
a5 l4\/g\/\% 3\|7 \#
40 lq \/g | / NOAA, ra
50 /\/# \/e le) 7 | 7
60 lx \ lt \le \le\/ | 4
75 ‘x \/#\ lg \ la \le\/ | hd
/00 /3s\/3 Ua lg \/8 \ le \ i
FIG. 15—NUMBER AND SIZE OF CRANE ROPES WHICH ARE USED FOR
VARIOUS LOADS
claim to their use lies in their cheap-
ness as compared to the costs of con-
ductor bars. On a crane under the
supervision of the writer, the sway-
ing of a loose conductor wire caused
it to become disengaged from its shoe
and fall upon the shoe below, thus
reversing the connections. When the
operator attempted to lower the hook,
the reverse operation took place.
Since a high-speed hoist was in use
considerable damage resulted before
the machine could be stopped. All
cranes and trolleys should be pro-
vided with suitable footwalks and
platforms. They provide a safe place
for men to work while repairing, lub-
the crane runway rails. In the same
figures are shown guards covering
the gears at the sides of the trolley.
Small doors may be seen on the up-
per side of these guards for the ex-
amination of the inside gears.
In Fig.*3 is shown a sketch of a
simple device for preventing over-
travel of the hook block. This ar-
rangement consists of two timbers
suspended between the hoist cables
in such manner that the hook block
will lift them if raised beyond the
prearranged limit. These timbers are
hinged at one end and have carbon
blocks placed at the other to form a
contact. This contact is connected
310 THE IRON TRADE REVIEW February 1, 1917
Order CUlrves A
2
cf
6
1
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WAS SISSON Sih
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2019 16 7 16 15 14 ~«13 12 11 +109 Ts 4 3° 2 9°"
O17 -/7a/? Spar?
FIG, 16—-DRAWING ROOM METHOD FOR LAYING OUT PARABOLIC CURVE OF LOWER FLANGE
ayer
February 1, 1917
THE IRON TRADE REVIEW $11
40 _| 23 60 | 63 017 [| G0 | 8 | 9 |
CIEIWICIEIWIC|Z|WIc|E|WIC|é|WIC|Z WIC |Z WIc|F WIC |- |WIC|F|WIc|z WIC IE
3-10 VAVAI7TN2Z7V3\/ ‘5 6 V8V%6VB\/IFI/9 12/165 /
19-20 RO6\V4/ 7129/5 \/ BVIGI/I 2/4.
£3 -50 £8 /6\/813/ 76; 9 Ne. £6
35-40 \O\/8\/ 9354/9 VI 720,204 / 6
45-30 VLKO/ I56\0/ / 6 6 /
II—-00 BALE ae CILI/
—70 VORL2/ 4, 6
75-80 ee 612415/\27 b + Hee es 6 /
85-90 40 “Ure
5 700 6 Joo 7 z Tas - . depth ir in inches of Oirder at Center:
OFM. a 4 3 FOE)
120-1 50688 2% 2053/12 A al W~ Width flanges
FIG. 17--END DEPTH, CENTER DEPTH, AND FLANGE WIDTH IN INCHES FOR GIRDERS
to the motor wiring in such a way, track wheels is a very important sists of a wooden block held in ad-
that when the circuit is closed the
motor is instantly stopped. This ar-
rangement is inexpensive, simple and
effective. In Fig. 4 is shown a view
looking downward between the bridge
girders where the device just de-
scribed may be seen suspended in
position between the hoisting cables.
Another arrangement consists of a
knife switch placed on top of the
trolley and connected with a bar or
heavy wire so that when the block is
raised to the proper height limit, the
switch is opened. This arrangement
has several disadvantages but it has a
tendency to make the operator more
careful. When the switch has been
opened, the operator must climb on
top of the trolley to close the knife.
Simple limit devices are much to be
preferred to most of the more com-
plicated and expensive inventions
where a very small disturbance of the
adjustment, or wear, causes wide
variations in travel of the hook block.
A sweep or scraper for the bridge
safety device and may be made in vance of the wheel by a spring. If
several different forms.
The oné gen-_ this block comes in contact with any-
erally favored consists of a bar fas- thing on the rail the block is pushed
tened to the end carriage so that it back under the wheel and stops the
crane. The object of these devices is
Whi Wr Li G to prevent any one from being run
WIP Ie SIT IZ IZ IV IM! over if standing or supporting them-
13\90\/5 5 ESF |—|—| |] seives upon the rail. The first de-
oe _ fe é ‘ 4 Fi “A of 4 vice will push such obstruction away
25175 24 6 18 19 esl? 2s while the second one will stop the
; crane.
55160 e7 aS eo W 5 2 As a rule it is advisable to avoid
75190 \271—|— 232 overhung gears, that is, gears which
90 |27(—|—|—|— are keyed on the shaft outside of the
95 V00\30 |—|—|—|— 7] bearing. Nevertheless, it is not al-
05\/00\30 |\—|—| —|— WN\24 \3-3 ways possible to eliminate this type
0}50 |[—| —|— | — Vg 24 | of construction and in such cases,
FIG. 18—TABULATED VALUES OF DI-
some method of guarding the gear
MENSIONS FOR DIFPERENT LOADS ‘Should be provided. In Fig. 8 is
(For General Drawing of Crane see Fig. 6.) shown a guard which may be easily
applied and as quickly removed when
barely clears the main runway rail necessary. This guard is somewhat
just in advance of the wheel.
arrangement is shown in Fig. 22. In merely a steel spring sprung into a
Fig. 23 is shown another device for groove cut into the end of the shaft
The latter con- just outside the hub of the gear. The
the same purpose.
This like a piston ring of an engine and is
Feer per /arnvre of “Bridge TOV Fo SPUD A0H0U fe | As | avd:
AP\40'45 | 50) 55
60°
70°
75.
60) 85°
90"! 95/00 HALE MAE LT PIO YT.
25 \450 450400400 '\F7-
90
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40 \F25\FL\ FOO F00 \27I\ C79
£30
5 4
10125 GOO MOO 550. F50 | 25 | 329.00 | FOO 279 \2 7250 50250 |29| 25 541/50
© 5|25 [390450] 5001500 |279|279 250 |250 |225|223|229|200 /7 \25\ 55 34/00
IS 29125 [325 [5251 IOOTIOD 2751279 250 290 \Z2S\C2IICLAVLOO LO0\29| 1F |\25| 55 |34\/00
& 25/25 |900|50012751275 |250 250,225 |225|200 |200\200|\200\200|25| /7 \25) 55 | 3/00
S 50125 OO SOOIZ751275 12502501225 2251200 \200|200\200|200\30| // \25| 55 | 5 |/00
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LOO V7I\I7I\7)\ // tastas 73
80180 27 I|C7I1250 290
(ata)
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73 \150\/50 90 8.8 \2\ 59 \29\ 7.
FIG. 19—TRAVEL IN FEET PER MINUTE
OF BRIDGE CROSS TRAVEL,
SPANS AND CAPACITIES WITH THE SIZES OF MOTORS FURNISHED
MAIN AND AUXILIARY HOIST FOR VARYING
H 312 THE IRON TRADE REVIEW February 1, 1917
|
| Jca/e of
5 70 Spar /r7 Feet
{ legen 40 AS 505560” 65° 10" 15° 80° 65° 90°95 n160000
| i ¥
. { ; — 155
{ Weight Curves for Standard Gifders |
: 50000
| 35000 4 45
3 . 140000
sa t a
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| —t 130000
. 29 tg
26 ms 1a5
2
) 26+ u 7 120000.
. £500 Ses 7 5 >
| : ile / Fg ee
T Str ¥ 7—}'90000S
. al aS ; x J S
0000 WA
mee WEEDS vita V 00000.
asx 35 TON-4 MOTOR ~ Fae 35 <
I %O 35 TON-3 MOTOR wo x 900008
! > 390 TON-4 MOTOR Kf oO 7 7 S
1500 Oh. 39 TON-3 MOTOR / ‘es
oO. = TON=4 MOTOR “yy
fis 25 TON-3 MOTOR S
y "“ 20 TON-4 MOTOR S
! 20 TON=3 MOTOR s
i 15 TON=4 MOTOR”
15 TON-3 MOTO!
we 10 TON=3 MOTOR 2S
4 5 TON-3 MOfOR , ‘S
(G@Rs S
| ° LZ LA =
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parey 25 30 35 40 45 «50 55 60 6) 10 75 60 05 90 95° 100
FIG. 20—WEIGHT CURVES FOR STANDARD GIRDERS
Na oe rare
February 1, 1917
THE IRON TRADE REVIEW
313
FIG. 2I—METHOD FOR LAYING OUT PARABOLIC CURVE FOR LOWER FLANGE
key is inserted in a space between
the ends of the ring. This prevents
the gear from coming off should the
key work out.
The Design of the Crane
Much time and expense can be
eliminated by the preservation and
The end carriage form is used for
ordinary loads while the end truck
form is used where the wheel loads
become excessive for cranes of
cheaper construction. In these views,
dimensions are indicated by letter
for which tabulated values are given
in feet and inches in Figs. 18, 5
gether with,the usual sizes of motors
furnished. These sizes may not be in
accordance with calculations, but for
practical purposes they are accurate.
The capacity of bridge motors may
be calculated from the following for-
mula: Allowing for 80 per cent effi-
ciency, one horsepower is 26,400 foot-
proper tabulation of data in the draw- and 7. pounds. Then
ing room. The use of such data not Fig. 7 also gives the approximate lift was
only saves time, but tends toward in feet obtained with trolleys of dif- aae = horsepower of the motor, where
the standardization of parts with con-
sequent production of a more har-
monious design. The accompanying
data have been selected from the ac-
cumulation of years of experience in
the design and construction of cranes.
In the form in which it is presented
it has been used to advantage in suc-
cessful crane designing.
Fig. 6 shows a side and end ele-
vation of a traveling crane. The end
view shows two forms of construc-
tion, the end carriage and end truck.
ferent space and capacities. It will
be noted that the span of the trolleys
varies with the lift and capacity. A
60-foot lift requires a wider trolley
than a 40-foot lift. Fig. 15 gives the
number and size of crane ropes for
various loads. The number of ropes
to be used in any particular case de-
pends on the lift, load, style of trol-
ley, etc. Fig. 19 gives the usual
travel in feet per minute of bridge,
cross travel, main and auxiliary hoist
for varying spans and capacities to-
ounds; d = diameter of axle;
W = weight in
track wheel; 5S = feet per
D = diameter o
minute travel.
The size of the lift motors may be
obtained from the following formula:
Horsepower of Motors xX 11 of Lift.
~= Feet Per minute
Tons of Load
Bridge Girders
The bridge girders may be of sev-
eral designs but in the usual type,
plate girders are most frequently
used. Of the different forms, the
|
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Cc ie —_ “Raned> toe, a ee
— SPRING AND BLOCK FOR TRACK
WHEELS
FIG. 22 — BAR TYPE SWEEP FOR BRIDGE FIG. 23
TRACK WHEELS
THE IRON TRADE REVIEW
314
variable _Dir7es7s/o
ea U
A\lsaicio Bore\E | 3 \34\4 \43| 5 551 6 |65| 7
40 50\ 4° rae 3 OS Dik | 5 #74138 Hf
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wove \/| 32 | 32 | ye | a #4 172 | 7% 76
FIG. 24—DIMENSIONS FOR STANDARD DESIGN OF TRACK WHEELS WITH
@ ROLLED STEEL TIRES
fish-bellied with curved lower flange
is by far the most pleasing in ap-
pearance. These flanges may be pro-
portioned in several ways. In Fig.
21 is shown a method for laying out
the parabolic form of curve for the
lower flange. Briefly, it is as follows:
Lay out a rectangle to any conveni-
ent scale, where the horizontal length
equals half the span, and the height
equals the depth ofthe girder. Divide
the length into any convenient num-
ber of equal spaces and divide the
depth into the same number of equal
parts. Draw lines as shown in Fig.
21. The points of intersections of
these lines will be the points in the
curve required. It is necessary to
add an extension to the end of the
curve so found to provide an end to
the girder in order to attach the end
carriages. Another method which has
been in use for a number of years is
shown in Fig. 16. This is a chart de-_
signed to be used in the drawing of-
fice and the manner of using it is as
follows: As in the preceding method,
lay out a rectangle to a convenient
scale in which the height represents
the depth of the girder in inches, and
of a length in inches corresponding
to one-half of the span. Draw a
horizontal line representing the lower
edge of the girder at the end. On
the chart draw an are with a radius
X tangent to the end depth line, and to
the center of the depth curve. Draw
an arc tangent to the end depth line
on the rectangle with a radius equal
to %X and draw a straight line tan-
gent to the end depth: and center
depth curve. This line will represent
the girder profile. In the above de-
scription it was assumed that the
span, and capacity of the crane was
decided upon, as well as the center
and end depth of the girder.
Fig. 17 gives the end depth, cen-
ter depth and flange width, all in
inches, for girders varying from 40 to
105-foot spans and from five to 130
tons capacity. Fig. 24 gives the
wheel loads in pounds for different
spans and capacities. These loads are
given in full lines for end carriage con-
struction, and in dotted lines for end
truck construction. These two forms
of construction are shown in Fig. 6.
As stated before, the end truck form
of construction is used where the
wheel loads become excessive for the
end carriage type. Fig. 20 shows a
chart of weight curves for standard
girders proportioned in accordance
with the chart shown in Fig. 16 and
Fig. 17. From this chart the
weight in pounds of one pair of gir-
ders may be obtained for both 3-
motor and 4-motor cranes. The 4-
motor crane has an auxiliary hoist.
The weight curves for 4-motor cranes
are shown in full lines while those
for 3-motor cranes are given in dot-
ted lines. In Fig. 9 a standard de-
sign of cast steel track wheel is
shown for which dimensions are given
in Fig. 25. In Fig. 10 a standard de-
sign of track wheel with rolled steel
tires, is given with corresponding di-
mensions in Fig. 24. The _ note
in Figs. 9 and 10, “Put four lugs an
one side and three on opposite side,”
refers to lugs placed there for the
purpose of facilitating the chucking
of the wheels in machining. The
wheel is first chucked while resting
on the three lugs. An object will
rest more firmly on three supports
than on two. The end of the hub,
the four lugs, and, in the case of the
wheel with the rolled steel tire the
size of the rim, is then finished. The
wheel is then turned over and re-
chucked, and while resting firmly on
the four machined lugs, the remaining
operations are brought to completion.
February 1, 1917
In this connection it might be men-
tioned that where the service is ex-
ceedingly severe, track wheels of
manganese steel are frequently used.
These wheels are quite expensive and
cannot be easily machined. The de-
sign will not necessarily vary much
from that shown in Fig. 9, but the
tread should be finished by grinding.
Fig. 11 and the accompanying table
illustrates the short axle for the
bridge track wheels, while Fig. 12 and
its accompanying table shows stand-
ard proportions for the long axle.
This axle is the one to which the
driving gear is attached. In Fig. 13
is illustrated the saddle pin for starid-
ard-end truck construction. This pin
is the pivot on which the end truck
oscillates, compensating for inequali-
ties in the track. Fig. 14 and table
gives proportions of the key plate
method of securing the saddle pins.
This form of fastening pins is inex-
pensive and effective and is applicable
in many other places besides the one
noted.
The Johnson Bronze Co., formerly
the American Car & Shipbuilding Co.,
recently erected a new plant at New
Castle, Pa. The building, which is
of saw-tooth construction and equipped
with Lupton sash, contains a foundry
and machine shop as well as inspect-
ing and shipping rooms and offices.
The company manufactures rolling
mill brasses and bronze bushings for
various kinds of machinery. Machines
are individually driven by Westing-
house motors. Plans were drawn up
by the Coleman Foundry Equipment
Co., Cleveland.
Pa
"a
u
> U ay
N =
- : : 4
q t
§ Ee
NS 2 PPT LL Bs
6 :
> Z
>
§ ra = A
Sa XK = a a s
40000 40 = 4 =
& s Ler) Leto =
3500 Ft = =
5 eT ra v
25000 + “
in Ful Lines
AEE $232
FIG. 25--WHEEL LOADS IN POUNDS
FOR DIFFERENT SPANS AND
CAPACITIES
a aod
(a eee
February 1, 1917
Designs Special Shaping
Machine
In meeting the demand for machines
for shaping locomotive driving boxes
for journal brass fits, the Newton Ma-
chine Tool Works, Philadelphia, has
recently brought out a 30-inch circular
feed box shaping machine. To sup-
_plement the work done by this tool,
a vertical feeding machine to finish
the cellar fits has been developed.
The latter tool is shown in the ac-
companying illustration.
The vertical feeding machine is of
the box-type construction, having a
hand elevation to the knee and a
slight amount of hand cross adjust-
ment to the angular blade to which
the boxes are bolted. A connecting
rod and Whitworth motion are em-
driving mechanism.
The vertical as well as the circular
ployed in the
feed on these tools is accomplished
by means of a pawl engaging an in
cline, thus insuring a definite feed at
each stroke. A 15-horsepower motor,
having a speed range from 400 to
1,200 revolutions per minute, is used
for the drive. Each of these tools
weighs about 30,000 pounds, exclusive
of the motor.
Electric Hoists in Machine
Shops
Acute shortages of labor accom-
panied by an unusual volume of man-
ufactured products in American plants
has emphasized the importance of
efficient methods of handling ma-
terials. The original conception of
handling by which comparatively light
articles were grouped to form lots of
ELECTRIC HOIST FOR LIGHT LOADS
THE IRON TRADE REVIEW
MACHINE FOR SHAPING CELL
one ton or more has gradually been
modified until individual pieces which
may be lifted and carried by hand
are in many cases preferably handled
one at a time by hoists of small
capacity.
To meet this demand, the Shepard Elec-
tric Crane & Hoist Co., Montour Falls,
N. Y., has developed a line of electric
hoists having capacities of 500, 1,000
and 2,000 pounds. These hoists are
operated from a direct-current circuit
or from multi-phase alternating cur-
rent circuits, thus extending their use
to a variety of purposes. The hoists
are similar to those of larger sizes
which have been made by the Shep-
ard company for a period of 13 years
except that a sectionalized construction
has been employed. The hoist proper
consists of four parts or sections,
namely, the winding mechanism which
is the center section, the motor end,
and gear and brake end and controler.
Each section is a complete unit by
itself and may be employed in any
one of a variety of combinations. The
sections are merely bolted together to
form a complete machine.
\ combined mechanical and elec-
trical brake has been developed to en-
able the hoist to sustain overloads
with an ample factor of safety. This
device automatically regulates’ the
braking effect to exactly the require-
ments of the load being lowered.
When there is no load on the hook,
the hoist lowers with the brake com
pletely released. The brake details
are designed with a view of reducing
heating and wear to a minimum.
The first hoists of this type which
AR FITS ON DRIVING BOXES
equipped
with single speed control only, but a
controler affording a large number of
running speeds and improved control
will be available in hoisting equipment
manufactured by the Shepard company
after the first few months of 1917.
were manufactured were
The British vice consul at Moscow
reports that the war has compelled
Russia to develop her own chemical
industry, and a certain number of
erected,
while many are projected. A _ large
works have already been
company has been formed in Moscow,
with a capital of about $2,000,000, for
the erection of a coke and benzol
works.
Maximum Demand Meter
The rapid advent of electricity into
the fields of indastry has brought up
the problem of securing a rate for
paying for purchased power which will
be equitable to both the central sta-
tion and the customer. This question
has been partially solved by basing
the rates to some extent upon the
maximum demand basis. To supply
the need for instruments to measure
the maximum demand of power con-
sumers, the Electric Co.,
Schenectady, N. Y., has developed a
number of different kinds of makxi-
mum-demand meters, that include both
the indicating and recording types.
The essential parts are the demand
registering and mechanisms
which are mounted and connected in
General
timing
MAXIMUM-DEMAND METER
the same case. The demand register-
ing element is electrically driven from
the register of the watt-hour meter in
which is mounted a contact device
consisting of a small contact-making
Rotation of the cam by the
cam.
watt-hour meter closes a_ circuit
through the electro-magnet coil of
the indicator and operates the register-
ing mechanism.
When the contact device closes the
circuit through the magnet coils of
the demand meter,
THE IRON TRADE REVIEW
Develops Regrinding
Machine
The B. L. Schmidt Co., Davenport,
Ia., has recently built a regrinding ma-
chine, shown in the accompanying illus-
tration, which is said to embody several
unusual features. The builder states
that the machines are of heavy construc-
tion and make possible the grinding of
extra heavy work. The bed of the tool
is of the box section type and carries
a large V in the front and a flat V in
the back. The headstock is equipped
with a spindle 434 inches in diameter
and 9% inches long. The carriage is
gibbed at the front and back and has a
bearing on the bed throughout its en-
tire length. The cross slide of the car-
riage has a bearing surface 22 inches
long and eight inches wide. The
carriage is reversed by means of a pair of
tumbler gears operated from the gear
on the driving pulley. The feed rod is
equipped with a 3-step cone giving three
speed changes to the carriage.
The angle plate carries a _ separate
front plate which is equipped with a de-
vice whereby the angle plate may be
raised and lowered. The attachment is
said to facilitate centering the work on
the angle plate. The counter shaft, at-
February 1, 1917
REGRINDING MACHINE
tached to the bed of the machine, and
the wheel arbor are ball bearing. The
bed of this machine is 55 inches long
and 15% inches wide.
Brings Out Gage Grinder
The Steel Products Engineering Co.,
Springfield, O., has recently marketed a
universal gage grinder in which the
spindle is of the floating type, designed
to eliminate the jerk of the drive belt,
believed to be responsible for a large
part of the chatter
the armature of the
electro-magnet is at-
tracted and moves
forward engaging
the pawl with a
ratchet wheel which
is turned. When the
contact device opens
the circuit @ spring
returns the armature
lever and the pawl
to their original po-
sition. This motion
of the ratchet wheel
is transmitted
through gearing to
the stylus or pointer,
as the case may be,
moving it forward at
each closing of the
circuit until the end
of the time interval is reached. At
this point a cam driven by the timing
element has rotated to such a posi-
tion that a trip lever disengages a
sliding pinion from the gear with
which it meshes, thus opening the gear
train and allowing a spring to return
the stylus or pointer advancing mech-
anism to the’ zero position. Further
rotation of the cam returns the slid-
ing pinion to its former position and
reestablishes the gear train. The mech-
anism is now in a position to measure
the energy consumption during the
next time interval. The accompanying
illustration shows an indicating maxi-
mum-demand meter.
GAGE GRINDER BUILT BY STEEL
PRODUCTS ENGINEERING CO.
found in some grind-
ing operations. The
spindle head has a
transverse movement
of 17% inches which
can be combined
with a 4%-inch
transverse feed of
the table. The cross
feed is operated by
means of a hand
- lever and rack and
pinion. Combined
with this cross feed
is an additional
movement by means
of a fine-pitch screw
and hand wheel.
The table is designed
to accommodate a
wide range of snap
or master gages and is equipped
with a flat working surface to
which work may be fastened by
the use of strap clamps and T slots.
A setting gage is used where duplicate
parts are to be ground. The traverse
of the table is regulated by means of a
micrometer hand wheel graduated to
read to 0.0005 inch. The machine is
designed to carry a 6x%x%-inch
emery wheel at 2,600 to 2,700 revolu-
tions per minute. The upper part of
the accompanying illustration clearly
shows the details of the table and
carriage, and method of holding work.
The inset, which is a view of the com-
plete machine, shows the compact design.
ew, Jaret
a ae 8
For My
i
Mill Accessor
‘ie
wt!
Fig. 1—Exterior view of plant of Knox Pressed & Welded Steel Co.
HE Knox Pressed & Welded
Steel Co., Wheatland, Pa., has
recently acquired a JW-acre
tract of industrial property on the
Erie division of the Pennsylvania
railroad. On this site a modern
building has been erected, equipped
with a wide variety of tools used in
the manufacture of special products
for water cooling open hearth furnace
doors and frames, skewbacks and
buckstays. In addition to these items
the Knox company manufactures gen-
eral plate products which include an-
nealing covers, charging boxes, acid
tanks and similar equipment.
The main building is of steel con-
struction, 114 x 500 feet, with two
bays. The main bay, which is 70 x
500 feet, is served by three 15-ton
traveling cranes, six 3-ton wall gantry
cranes and a number of jib cranes
which handle the work for individual
tools. The secondary bay, 44 x 500
feet, houses the power plant, machine
shop and stock room. These three
units extend about one-half the length
of the bay, the balance
is taken up by the weld-
ing department, which is
served by a 5-ton trav-
eler and a number of
jib cranes. The raw ma-
terial. is received at one
end of. the shop, unloaded
by shop cranes and
distributed as needed
throughout the plant.
All materials are
taken directly
from the cars
which are on a
siding depressed
four feet below
the floor line.
When the finished
product is ready
to be shipped, it
is loaded directly
into cars at the
other end of the
plant, where
tracking facilities
of a similar nature are provided. The
direct routing of the work through the
plant eliminates congestion in any of
the departments and provides for a
continuous movement of the work as it
progresses from one stage of manufac-
turetoanother. The shop floors through-
out the plant are of vitrified paving block
and the 4-foot alleyways in the cen-
ter of the main and secondary bays
are marked off by broad white lines.
These passages much be kept open
at all times to permit quick exit in
case of emergency.
The nature of the products manu-
factured by the Knox company re-
quires a number of -special tools.
These include several heavy power
presses, gang drills, vertical and hori-
zontal punching machines, hydraulic
riveters, bending rolls, planers, slot-
ting machines, lathes and
pneumatic hammers.
In addition
FIG. 2—ONE OF THE HEAVY-DUTY PRESSES
317
to a varied assortment of modern shop
tools, this company also has a well-
equipped welding department, in which
three processes of welding are employed.
Electric, oxy-acetylene and furnace
hammer welding are practiced, and
each has a special application. In the
manufacture of some products, all
three types of welding are employed;
in others, two, and in some, only one.
The use of the different methods is
dependent upon the form and thick-
ness of the parts and the use to which
the finished article is to be put.
High tension current is purchased
and all tools of any magnitude are in-
dividually motor driven. There are
no boilers nor engines in the plant.
The power house, however, is
equipped with duplicate motor-gener-
ator sets, duplicate air compressors,
switchboard, etc. In the event of
accident to the high-tension trans-
mission lines, sufficient power
could be obtained from the
relief equipment to operate
the plant until repairs could
be made. The lighting sys-
tem throughout the plant is
of modern design. High-
powered incandescent lamps
with large porcelain re-
flectors are placed as high as
practicable at frequent in-
tervals in each bay. The ad-
vantages claimed for this system
of lighting are that there. are
no shadows, that delicate
work is safely
done and that fine
newspaper print
can be read with
ease any place on
the shop floor.
The location of
the plant in
Wheatland, which
is near the indus-
trial cities of
Sharon and Far-
rell, and between
Greenville and
New Castle, af-
THE IRON TRADE REVIEW
February 1, 1917
FIG.
fords the company a convenient supply
of labor. This was one of the prin-
cipal factors considered in selecting the
site.
The general offices of the company
are in the Farmers’ Bank building,
Pittsburgh. The officers are: L. L.
Knox, president; William C. Coffin, vice
president and sales manager; and Irvin
F. Lehman, secretary and treasurer.
A firm at Grenoble in France is now
manufacturing pipes of electrolytic iron
up to 164 feet in length, 12-inch diam-
eter and ‘%-inch thick. The metal as
taken from the bath is hard and very
brittle, but after a special and careful
heat-treatment is said to become of
excellent quality and attain tensile
strength of over 25 tons per square
inch in any direction. It is claimed
FIG. 4—A DEEP-THROATED
3—A VIEW DOWN THE MAIN
BAY. NOTE THE TRAVELING
that these pipes favorably
with cast iron pipe.
yet been quoted
compare
Their prices have
not as
Book Review
Awakening of Business, by Edward
N. Hurley; cloth; 240 pages; 5x8
inches; published by Doubleday, Page
& Co., and furnished by The /ron Trade
Review for $2.00 net.
Although the peace offers made to the
entente powers by Germany have been
decidedly and, for the present, definitely
refused, nevertheless the European war
will eventually come to a close. The
European nations will then resume com-
mercial intercourse with the outside
world. To us the question of the utmost
interest in that connection is—when that
time comes will we be found wanting?
PUNCH FOR USE ON
HEAVY
WALL CRANE EQUIPMENT
“Awakening of Business” is an exceed-
ingly interesting treatise on business con-
ditions in this country today and on the
changes which will have to take place in
our business methods before we can rest
assured that when world competition is
once again in full swing we will take our
The
author of the book, because of his recent
the trade
sion, is peculiarly fitted to analyze the
The habit of
efficiency, according to him, is largely to
proper place in international affairs
position on federal commis-
present situation in-
blame for our lack of business prepared-
To quote, “In this country we lack
In-
habit.”
the
ac-
ness.
the desire to do things perfectly
efficiency is almost a _ national
The
adoption of
remedies he recommends are
good systems of cost
counting and the formation of trade as-
sociations. To quote again, “A business
PLATES
OE we rae
February 1, 1917
man should be interested in the efficiency
not only of his own business but of his
competitor's business. Rivalry in some
lines is not inconsistent with co-opera-
tion in others”. Further on, but in the
same connection, he says, “I regard the
American Iron and Steel Institute in
many respects a model trade association.
For practically half a century this insti-
tute and its predecessor, the American
Iron and Steel Association, have worked
for the betterment of the industry.”
The necessity of changes in ideas and
methods in regard to our export trade,
if we are to pursue the advantage which
war has given us, is also clearly pointed
out. The establishment of schools with
a curiculum especially adapted for young
men intending to enter the field of foreign
export trade is urged. The author points
out also the effective part played by the
various co-operative export organizations
in foreign countries and shows the ne-
THE IRON TRADE REVIEW
federal trade commission follow the last
chapter.
Builds Extra Heavy Duty
Engine Lathe
The Oliver Machinery Co., Grand
Rapids, Mich., has recently announced
its latest development, a 26-inch
extra heavy duty, all-geared head
engine lathe which is designed
to utilize high speed steel and
alloy cutting tools to their full
capacity. The headstock has an un-
usually long bearing on the lathe bed,
as may be seen in the accompanying
illustration. The headstock spindle
is driven by a single pulley and has a
wide range of speeds, including eight
to 300 revolutions per minute. The
headstock gears all run in oil; the
speed control levers are shown in the
319
three feeds ranging from 0.013 inch
to 0.333 inch per revolution of the
spindle and 33 threads ranging from
one to 16 per inch are obtained by
moving the lever positions as indi-
cated on the table on the gear box.
Gear changes may be made while the
tool is running. The headstock of the
lathe is so designed that constant
speed individual motors either alter-
nating or direct current type may be
installed. Seven and one-half to 15-
horsepower motors are suitable to
drive this type of machine.
The taper attachment is secured by
a planed slide on the back of the bed.
The planed slot contains a T slot
to which the holding bolts are locked.
The sliding block is directly connect-
ed to the main cross slide and is de-
signed to eliminate all lost motion.
The degree of taper may be read at
=
ALL-GEARED HEAD, 26INCH HEAVY DUTY ENGINE LATHE
cessity for similar organizations her«
The extension of our banking machinery
into at least the most important trading
centers abroad is discussed. “During the
period when the greater part of Ameri-
can exports consisted of foodstuffs and
raw materials—things which practically
sold themselves—the lack of banking sup-
port abroad was not seriously felt. With
the increase of the percentage of manu-
factures in our export trade, however,
competition becomes keener, and _ the
need of assistance from banks becomes
imperative.”
The Sherman and Clayton laws are
discussed and the work of the federal
trade commission is highly commended
A wide field of endeavor is open before
it and its chances to effect improvements
in business conditions are immense. For
a!though fair and intelligent competition
is properly considered by the American
public as the best regulator of business,
“When competition fails to regulate, the
government must step in and regulate.”
An appendix containing the federal
trade commission act and the provisions
of the Clayton act which concern the
illustration Ihe hole through the
spindle is large enough to permit
3-inch stock to pass.
The tailstock spindle is 4 inches
in diameter and clamped on both
sides of the tailstock. Movement ol
the tailstock is by means of a geared
crank. The bed of this lathe is of the
box type, supported on column legs
and has no overhang The carriage
length on the shears is 40 inches and
the bridge is 12 inches overall. The
cross slide is provided with taper gibs.
The hand movement of the carriage
is done in two ways; either by means
of a regular feed hand wheel which
is used when the carriage is in posi
tion to take a cut or by means of a
fast-acting crank which fits on the ex-
tended end of the intermediate gear
shaft between the hand wheel and
the rack pinion shaft. The tool is
equipped with micrometer dials read
ing to 0.001 inch as well as a thread
dial at the right of the carriage slide
The feeds and threads are controled
by a quick change gear box. Thirty-
each end of the attachment which is
graduated to read in taper per foot
or in degrees.
The length between centers is
inches; standard length of bed, 13
feet 6 inches; width across shears,
72
t*
24% inches
Announces New Tool
The removal of a broken set screw
or stud is generally accompanied with
a certain amount of hard work and
requires considerable time. In an en-
deavor to eliminate some of the ob-
jectionable features connected with
work of this nature, the Cleveland
Twist Drill Co., Cleveland, has recent-
ly patented and will soon market, a
tool designed for the sole purpose of
removing broken screws of all kinds.
The principle of the tool is much the
same as that of the ordinary cork-
screw in that it bites its way into a
cork and, securing a purchase, backs
the cork out, though the device man-
ufactured by the Cleveland company
320
backs the broken screw out on its own
threads. When a screw or stud is
broken, a small hole is drilled in the
screw and the extractor thrust in the
hole. Since the extractor has left
hand spiral threads, the tighter the
broken screw sets, the tighter the ex-
tractor grips. It is claimed that when
a wrench is used on the extractor that
a broken stud or screw may be re-
moved with scarcely any effort.
Tangent Cut Box Tool
A box tool has recently been de-
veloped by the Watson Mfg. Co.,
Toledo, and handled by the Biggs-
Watterson Co., Guardian building,
Cleveland, which is designed to take
heavy cuts and yet maintain its ac-
curacy. The tool body is a _ solid
steel one-piece forging, heat treated,
and is equipped with rollers which
follow on the finished work. When
it becomes necessary to regrind the
cutting tool, release is made by the
set screws clearly seen in the accom-
panying illustration. The position of
the cutting tool is maintained once
the cutter has been set and when
removed for grinding, may be re-
turned to its original position without
resetting and aligning the cutting edge
and without making trial cuts to in-
sure exact duplication of work done
before the cutter was removed. The
device is designed for use on either
turret
automatic or hand-operated
lathes and is manufactured in either
right or left-hand types. A sample
of the work done on this box tool is
shown at A. The stock used on this
sample piece was hexagon tool steel.
Heat Treatment Improves
Bolt Steel
That even simple heat treatment will
greatly improve the quality of stee! is
indicated by the experience of the bolt
threading department of a large steel
plant in the middle west. Low carbon
steel stock was being used for most
kinds of bolts at this plant, and a great
deal of trouble had been experienced be-
cause of ragged threads. An investiga-
tion of the matter showed that the dies
of the bolt cutter were in good shape, so
that the inquiry was turned upon the
steel. The steel was received in the
amnealed condition and was threaded
acording to the use of the bolts.
It was thought that quenching the steel
in fuel oil might produce a_ better
threading material and accordingly the
threading stock was heated above its
critical range and quenched in oil. In
addition the steel was drawn slightly
when cold, although such an additional
treatment cannot make much difference
THE IRON TRADE REVIEW
with low carbon steel. At any rate, the
steel treated in this manner was much
more satisfactory for threading stock;
the threads were even and practically
perfect. A number of experiments were
tried on steel of varying carbon content
and the results showed that the stock
threaded better if previously quenched
MOTOR STARTER EQUIPPED WITH
AUTOMATIC TIMING ELEMENT
in oil and then drawn back to various
temperatures depending on the carbon
content, than if threaded in the an-
nealed state. The finer grain structure
produced by the quenching treatment is
more to be desired than the coarse
structure induced by annealing.
Motor Starter Has Timing
Element
The use of the usual type of
hand operated motor starter some-
times results in hasty and improper
starting of alternating current mo-
tors, because the rapidity of accelera-
tion of the motor is left entirely
to the judgment of the operator.
With the new starter which was re-
cently developed by the Cutler-Harn-
mer Mfg. Co., Milwaukee, and which
TANGENT CUT BOX TOOL
is shown in the accompanying illus-
tration, the operator merely closes
the motor circuit by throwing the
lever up and the subsequent accelera-
tion is automatic. The time may be
adjusted as desired.
This controller consists essentially
of two square shafts; the upper one
February 1, 1917
carries the main contacts and a handle
for operation, the lower one carries
six fingers arranged in such a manner
that they make contact with the sta-
tionary contacts in rotation. The
time of closure is determined by a
dashpot which prevents improper and
hasty starting.
For the control of squirrel-cage mo-
tors, resistance is inserted in the pri-
mary circuit of the motor. After
the main contacts on the upper shaft
have been closed the resistance which
is in series with these main contacts
is gradually cut out by the drum
fingers on the lower shaft. When all
the fingers are closed, the resistance
is short-circuited and the motor is
connected directly across «the line.
As soon as the main contacts are
closed, the no-voltage release is ener-
gized, holding the main shaft in the
closed-circuit position. In case of
failure of voltage, this no-voltage re-
lease releases the upper shaft opening
the motor circuit completely.
If desired, a push button may be
installed in this no-voltage release
circuit so that the motor may be
stopped from any convenient point.
Overloads also may be connected in
this circuit to automatically protect
the motor against excessive load. The
motor may also be stopped by push-
ing the operating handle to the ex-
treme lower position, where it engages
the upper shaft and pulls it away from
the no-voltage release, thereby open-
ing the main contacts.
It will be noted that in the “off”
position, the lower contacts are all
closed and therefore the starting re-
sistance is short-circuited, but these
contacts are open before the upper
contacts are closed so the motor is
always started with all the resistance
in circuit. On the other hand, this
arrangement allows the main motor
circuit to be opened without first re-
inserting the starting resistance.
The current breaking capacity of the
apparatus is large and the spacing of
the primary contacts is designed so
that their opening is such that
additional knife switch be
stalled for the complete separation
of the motor from the This
controller may be combined with such
protecting devices as fuses time-
limit overloads, which can be mounted
no
need in-
circuit.
or
with the operating mechanism, mak
ing a self-contained unit.
The Parker Rust Proof Co., De-
troit, has purchased the Coslett pat-
ents for rust-proofing and also has
completed negotiations which will in-
sure it the control of all future de-
velopments in rust-proofing by the
Coslettizing method.
bs oe
Fig. 1—Exterior View of Completed Part of Cleveland Milling Machine Co.'s New Plant
Machine Builders Erect Modern Plant
PLANT for building a complete weeks, an achievement all the more hollow tile surmounted by 12-foot
line of knee type milling ma- remarkable because of the well-known sections of steel sash. When contem-
chines, cutter relieving ma-_ difficulties encountered in securing plated additions to the building are
chines, standard and special milling prompt deliveries of building materi- made the continuous sash can be
cutters, counterbores, boring tools als and equipment. Ground was brok- easily removed and the tile torn out
and special reamers, requires a thor- en by the Burchard-RobertsWigftm The vertical sash of the saw-tooth roof
oughly efficient organization and a Co., construction engineers, on May monitors have a north front which
wide line of shop equipment. Such 28, 1916, the Cleveland Milling Ma- eliminates the direct glare of the sun
a plant is exemplified in the works chine Co. moved into its new quarters and the slope of the roof is painted
of the Cleveland Milling Machine July 3, and the plant was running with white as an aid to the diffusion of nat-
Co., 18507 to 18523 Euclid avenue, a force of 200 men and a complete ural light. Artificial illumination,
Cleveland tool equipment on Aug. 1, 1916 where needed, is provided by means of
This company’s shop at the present The side walls of the building are high-power incandescent lamps sus-
time is housed in a 100 x 200-foot, pended from roof trusses
one-story building of saw-tooth con- The shop proper is divided into
eight bays, each provided with a
20-horsepower motor driving a line
shaft suspended from the roof trusses.
struction located in the center of an
eight-acre plot. The heat-treating de-
partment is in a separate two-story
60 x &80-foot building, of steel, brick Countershafts are driven from either
and concrete, which adjoins the main side of the line shaft, special arrange-
building to the northeast. ments being made for bolting the
The plant was built, machinery in- countershaft hangers directly onto
stalled and the organization perfected the roof trusses. The tools are placed
in line on each side of the bays allow-
in a period of approximately nine
“x
FIG. 2—BORING BEARINGS IN GEAR BOX FIG. 4—BATTERY OF RELIEVING MACHINES
FIG. 3—CLOSE-UP VIEW OF RELIEVING MACHINE CUTTER AND WORK
21
322
THE IRON TRADE REVIEW
February 1, 1917
EN
eee
Kee PAN ae
FIG. -VIEW OF THE ASSEMBLY FLOOR WHERE RELIEVING MACHINES, MILLING MACHINES, GRINDERS, ET(¢ ARE
FITTED AND ASSEMBLED
ing suitable passageways between the the heat treating department. The equipment is used in this department
machines. piping and pumps necessary to supply The machine tool equipment em-
The heat treating plant, which is the furnaces, are all located on the braces a wide variety of tools de
connected with the main shop by an floor beneath the hardening room, manded by the nature of the work
areaway, contains a battery of eight making this apparatus readily acces- In addition to a standard line of lathes.
specially designed oil furnaces. The _ sible. planers, milling machines, grinders,
capacity for hardening and quenching Dréwina Room etc., there are many special machines
permits the company to handle a At the present time, the heavy planer
wide variety of work. The quench- The drafting room is located in the equipment consists of a Niles-Bement-
ing tanks are built of concrete and southeast corner of the building where Pond Co. planer with a 36 x 36-inch
extend from 2 feet above the main natural light is secured by ample win- x 20-foot table, and three Cleveland
floor well into the ground under the dow areas. Otie side of the room open-side planers with 36 x 36-inch x
first floor, the dimensions being 4 x 4 is devoted toa blackboard on which 12-foot tables. The Cleveland planers
x. 12 feet deep. Efficient testing and full size sketches of machines may be are all motor driven and have West-
straightening apparatus is also in- made in perspective; thereby giving ern Electric automatic starter con
stalled in the hardening room and this the engineers a more exact idea of trols To supplement the four heavy
equipment is under the supervision of the proportions. Modern blue-printing planers, two single-head 24-inch x
(questi
FIG. 6—A VIEW IN THE
MILLING
DEPARTMENT SHOWING MACHINES
ON
rTERS
WHICH Cl ARI
N7
ne —
February 1, 1917
6-foot Gray planers, an 18 x 18-inch
x 4-foot Hendey and two 24-inch shap-
ers, made by the Steptoe and Aver-
beck companies, have been installed.
The grinding equipment is unusually
complete and embraces wet and dry
types. Landis, Brown & Sharpe,
Fitchburg and Morse types of ma-
chines are used for round grinding,
and Blanchard motor-driven, Reed
Prentise, Brown & Sharpe and Bristol
rotary types are employed for sur-
face grinding. The internal grinding
equipment consists of grinding ma-
chines built by the Cleveland Milling
Machine Co., supplemented by a Bry-
ant chucking grinder. Universal cut-
ter and tool grinders of Walker,
Woods Engineering Co., Greenfield,
Brown & Sharpe and Cleveland Mill-
ing Machine Co. manufacture are used.
The milling equipment, both plain
and universal, are Milwaukee, Brown
& Sharpe, Cincinnati, Kempsmith and
Garvin, and a large number of the
Whitney hand millers. Supplementing
these machines for fluting straight
mills are Brown & Sharpe and Gould
& Eberhardt automatic gear cutters.
The company also has installed in
this department two Pratt & Whit-
ney thread milling machines. A bat-
tery of universal milling machines is
shown in Fig. 6 About 50 engine
lathes, turret machines, screw ma-
chines, precision lathes of the follow-
ing types are in operation: Boye &
Emmes, Hendey, Chard, Willard,
Jones & Lampson, Gisholt, Bradford,
Monarch, Wood tilted turret, Rock-
ford and Davis.
Tool and Stock Rooms
The tool and stock rooms are sep-
arated from the shop by a 4-foot par-
tition surmounted, by a woven wire
guard. The tool department has two
subdivisions, one for making jigs, fix-
tures, gages, templets, etc., for the
machine tool department, and a tool
room for making fine form tools for
the manufacture of involute gear cut-
ters, taps, reamer cutters and other
special form tools. Modern equip-
ment, including Hendey lathes, Cin-
cinnati millers, Revet precision lathes,
Avery sensitive drills, etc., has been
installed in these tool rooms. The
stock room is separated from the tool
room by a 6-foot employes’ entrance
and hallway and is enclosed by a
4-foot wooden partition surmounted
by a woven wire guard. The stock
room is equipped with eight Houghton
& Richard circular metal cutting band
saws, one Racine high-speed hack
saw and Whiton centering ma-
chines The bar stock, ranging
in diameter from %%-inch to 9
inches, is carried on a rack made
of scrap wrought iron pipe. In de-
signing the rack, the company found
THE IRON TRADE REVIEW
that the cost of pipe construction was
somewhat less than 50 per cent of the
cost of a wooden rack of sufficient
strength to carry the same weight.
(Moreover, the pipe rack does not
shut out the light as a wooden rack
would, and owing to its lightness can
be easily moved.
The Cleveland Milling Machine Co.
is now building a cutter relieving ma-
chine to facilitate the work of reliev-
ing milling cutters up to 13% inches
in diameter. This tool was described
in the Oct. 5 issue of The Jron Trade
Review. This relieving machine was
originally designed for use in the
323
drill. A battery of relieving machines
receiving the final work of assembly
is shown in Fig. 5.
When the plant reaches full capaci-
ty the monthly output will be 50 mill-
ing machines and 12 relieving ma-
chines in addition to a large number
of cutters, special tools, ete. The
manufacture of the form cutters is
greatly facilitated by the company’s
own relieving machines, which en-
tirely eliminate the necessity of any
hand work on the form cutters. A
battery of these machines is shown in
Fig. 4.
The Cleveland Milling Machine Co.
FIG. 7 BASES FOR INTERNAL GRINDERS BEING PLANED ON LARGE
CLEVELAND OPEN-SIDE PLANER—SHAFT HANGERS BOLTED TO ROOF
TRUSSES ARE SHOWN
IN UPPER RIGHT HAND
CORNER OF ILLUSTRATION
company’s plant but owing to the
difficulty experienced by large manu-
facturers of the country in securing
form cutters, the machine has been
placed on the market. The company
is designing a complete line of knee
type milling machines and a No. 2 uni-
versal miller will soon be placed on
the market
The columns of the milling machines
and beds of the relieving machines
are planed on the open-side planers
while the V’s, dove tails and the other
flat surfaces are planed on the Niles-
Bement-Pond planer and the small
Gray planer. Bearings are bored on a
horizontal boring mill built by the
Machine Tool Works,
shown in Fig. 2. This machine is sup-
Cleveland
plemented by a King vertical single bor
ing mill and a 36-inch Snyder upright
has extensive plans fer the future,
which include the erection of a 100-
foot addition to the saw-tooth roof
building already described. It is ex-
pected that later a three-story building
adjoining the saw-tooth roof building
on the west side will be built. The
present building is shown in Fig. 1.
The Cleveland Milling Machine Co
is an Ohio corporation with a cap-
ital stock of $200,000 and is headed
by the following men: Frank S.
Shield, formerly with the National
Tool Co., Cleveland, president; John
4. Camm, formerly with Kearney &
Trecker Co., Milwaukee, vice presi-
dent; L. M. Lucius, formerly of the
West Cleveland bank, secretary; and
H 4. Duetemeyer, formerly with
the National Tool Co. Cleveland,
treasurer
-
ti
\
:
‘
;
|
:
:
{
— ee
aE aie
Opposed to Bitter Commercial War
After Europe’s Bloody Struggle Ends
National Foreign Trade Convention Favors Peaceful Business Policy and a Flexible
Tariff—Many Subjects of Vital Interest Discussed
$6 CF Tircaeh Prosperity,
Through Greater Foreign
Trade.” Realization of the
truth of these words brought more
than 1,100 business men from all parts
of the United States to attend the
fourth annual convention of the Na-
tional Foreign Trade Council at Pitts-
burgh last week. From the Pacific
coast alone came 150 delegates, and
all other districts were well repre-
sented in this gathering of manufac-
turers, merchants and bankers.
While the convention has passed
into history, its work will be felt
through years to come. Men of thor-
ough acquaintance with foreign trade
problems pooled their experience, as
it were, for the enlightenment of the
business men who had come to drink
at the font of information. In addi-
tion to the 50 members of the Foreign
Trade Council, whose untiring efforts
as pioneers in the foreign trade move-
ment made this convention possible,
officers of the United States consular
service, the department of Commerce,
Pan-American Union and the interna-
tional high commission put their
knowledge at the disposal of the dele-
gates. 3
The various problems encountered
in the promotion of foreign trade
were taken up im the following order:
World trade after the war.
America’s position in world finance.
Co-operation in foreign trade.
National shipping policy.
The first of these problems was
taken up last Thursday morning after
J. Rogers Flannery, chairman of the
Pittsburgh foreign trade commission
had delivered the address of welcome
and Alba B. Johnson, president of the
Baldwin Locomotive Works, had been
elected president of the convention.
A report on “World Conditions After
the Eurepean War” was submitted by
the council as the result of an inquiry
it had made into conditions abroad.
[It gave an idea—so far as is humanly
possible—of what some of the warring
nations would need for their rebuild-
ing after peace is declared. It also
discussed the measures which foreign
countries might take to regain their
trade prestige.
W. H. Nichols, chairman of the
United States industrial commission
—Over One Thousand Attend
to France, read a paper on “Industrial
Reconstruction in Europe”, in which
he particularized upon the needs of
France. He said:
“If the commission discovered one
thing beyond question, it was the will-
ingness of France to co-operate with
James A. Farrell,
Gentleman
Never did James A. Farrell ap-
pear to better advantage than during
the Pittsburgh convention. His
modesty, his broadmindedness and
his sound views were universally
commended. His courtesy was
manifested in a quiet way frequent-
ly. For example, while the banquet
was in session,: Mr. Farrell ab-
sented himself for a few minutes
and went downstairs where the
clerks who had worked long hours
on the details of the convention
were assembled.
George W. Early, of the Amer-
ican Sheet & Tin Plate Co., intro-
duced Mr. Farrell, who, in a few
well chosen words, earnestly thanked
the young men and women for the
part which they had so efficiently
taken.
Saturday afternoon, he visited
the press room and extended his
thanks to those in charge to the
telegraph operator.
This man of large affairs is not
one who forgets the little courtesies
of life.
a ptople she understands in order to
establish, on a sure foundation, true
commercial reciprocity. France looks
to us as the superior exploiter of la-
bor saving machinery to help her to
deal with what she expects to be the
most difficult phase of her recon-
struction, namely, to effect a great
deficiency in her former manual labor.
He estimates this deficiency will be
actually 1,500,000 men.
In an address on the “Foreign
Trade Aspect of the Tariff’, Willard
Straight, vice president of the Ameri-
can International Corporation, New
York City, discussed the probability
of the adoption of preferential tariffs
by the entente and central powers
and urged that the American tariff be
revised so that the United States may
be enabled to offer some concession
or to threaten retaliation in case
our products are discriminated against.
324
To effect this he advocated the cre-
ation of adequate and flexible tariff
machinery.
W. B. Fleming, adviser on treaty
relations of the department of state,
Washington, said that to accomplish
‘greater prosperity through greater
foreign trade, the United States must
have a merchant marine, American
merchants must finance foreign coun-
tries and American investments in
these countries and American inter-
ests must be taken care of by proper
commercial treaties.
B. F. Harris, of Champaign, IIL,
chairman of the agricultural commis-
sion of the American Bankers’ Asso-
ciation, discussed the “Farmer and
Foreign Trade”.
The foregoing addresses and dis-
cussions about summed up the general
consideration of world trade after the
war. While a large part of the rea
soning necessarily is hypothetical, it
represents much of the best thought
of the nation on this perplexing sub-
ject. One case in point clearly
brought out was the need for a
change in our tariff policy if Ameri-
can business is to succeed in foreign
trade.
The American banking fraternity, as
a whole, was the target for much un-
favorable criticism when the conven
tion took up the subject of “Ameri-
ca’s position in world finance”, Thurs
day afternoon. The inability or un-
willingness of American banks to rec-
ognize the call of foreign trade, even
when accompanied by substantial as-
surance of immediate and satisfactory
profit, was sharply arraigned.
Louis F. Pierson, chairman of the
Irving National Bank, New York City,
‘| gave a warning against a false sense
of security because of the present
comfortable position of American
banking in foreign trade. He declared
that unless more energy, vision and
resourcefulness are displayed than in
the past, this position will be lost and
we will find ourselves no better off
than before. An impromptu talk by
J. Festus Wade, president of the
American Mercantile Trust Co., St.
Louis, was a feature of this session.
Mr. Wade criticized those investors
who have displayed doubt as to the
ability of any of the warring nations
Pees
SRT cap
“a eH
February 1, 1917
to meet their external loans. He re-
called the position of the United
States at the close of the Civil war,
when its debt amounted to 16 per
cent of its total wealth, whereas, he
said, the present debt of all the bel-
ligerents amounts only to three-
quarters of 1 per cent of their wealth.
He lauded the federal reserve act.
Former Mayor Fitzgerald, of Boston,
also praised the federal reserve act,
but said the credit for this legislation
was due, not to banking men, but to
Congressman Glass, of West Virginia.
Robert H. Patchin, secretary of
the council, submitted a report on “Co-
operation in Foreign Trade”, prepared
by the council, and dealing with the
progress of the Webb bill. The coun-
cil has been urging adoption of this
important legislation for three years.
The Webb bill was passed by the
house last session, but not until two
amendments had beer. made which
completely nullified its purpose. Yet
this bill in its original form was ad-
vocated by President Wilson and the
federal trade commission. Mr. Patch-
in remarked:
“A pretty spectacle we should be, if
after three years and the European
war we are not to be allowed this
method of defense to cope with for-
eign combinations of buyers and sell-
ers.”
Men of prominence in the lumber
and textile trades discussed this im-
portant topic.
The Friday morning general subject
was devoted almost entirely to the
most important subject of all—‘“The
National Shipping Policy”. Interest
in this session centered upon the re-
marks of Capt. Robert Dollar, the
veteran Pacific trader, and the address
of J. W. Powell, president of the Fore
Building Corporation,
Quincy, Mass. Captain Dollar sub-
mitted the report of the merchant ma-
rine committee of the National For-
eign Trade Council, making some re-
marks pertinent to the subject. He
gave some first hand stories of expe-
River Ship
riences, in his characteristic way, call-
ing things by their right name and not
being particular where or whom he
hit. When he concluded, the dele-
gates gave him a greeting such as
was witnessed at no other time in the
convention. He had much to say
of the working of the seaman’s act
on the Pacific, where, in two years,
the American merchant tonnage was
reduced from 26.10 per cent of the
whole to 1.97 per cent, while the Jap-
anese tonnage increased from 26.05
per cent to over 50 per cent. The
connection of shipping to trade, he
pointed out, was seen in an increase
in Japanese trade with South Amer-
THE IRON TRADE REVIEW
ica of 150 per cent in 1916 over 1915.
He described the qualities of ship
owners as drummers-up of trade in
foreign ports in order to get return
cargoes.
Mr. Powell told of the “Present
Position and Prospects of American
Ship Building”. He traced the growth
and decline of. this industry, describ-
ing how it has gone hand in hand
with shipping. He estimated that the
shortage of vessel tonnage after the
A Unique Forceful
Character
A dominating figure in the con-
vention was Capt. Robert Dollar,
the veteran Pacific coast ship owner.
Despite his years of experience as
a ship owner and operator, Captain
Dollar has lost none of the frre
of youth and when he talked mer-
chant marine at the convention,
he talked straight from the shoul-
der, calling things by their right
names without regarding whom or
where he hit. When he concluded,
the delegates gave him such a greet-
ing as was not witnessed at any
other time in the session. Here
are some of Captain Dollar's char-
acteristic expressions
“Speaking of the personnel of
the shipping board, 1 know them
all; they are men of the highest
character. But when I get a suit
of clothes, I do not go to a shoe-
maker. There are a lawyer, a lum-
berman, a railroad man and only
two shipping men on the board.
The seamen’s union has done tts
utmost to prevent the ratification
of the two shipping men. They
know too much about shipping and
the seamen’s union,
“What we want is a little more
construction and a little less de-
struction in our government's pol-
icy. The merchant marine is not
a question of sentiment, but of
business. Thus far it has been
politics. The Republicans for years
did their worst to hurt the mer-
chant marine and the only difference
between them and the Democrats
was that the Democrats were better
figurers, and when they took hold
of us they did a better job.”
war would be about 10,000,000 tons,
and that from three to five years
would be required to make up the de-
ficiency, during which time American
yards would be assured of activity.
Throughout the discussion of the
need of an adequate merchant marine
could be traced a feeling of hope that
some good might come out of the new
shipping board, although it was felt
that some men of greater experience
in shipping might have been chosen
as members.
A paper received with much interest
by the convention dealt with “World
News and World Trade—The Effect
of News Upon American Prestige
325
Abroad”. This address, which was to
have been delivered by Melville E.
Stone, general manager of the Asso-
ciated Press, was made by James Car-
son, because of Mr. Stone's inability
to be present. Mr. Carson has just
returned from an extended tour for
the Associated Press in South Amer-
ica, where he had opportunity to ob-
serve the conditions of which he
talked. “Your rivals,” said Mr. Car-
son, “are using publicity in the shape
of news to discredit American mer-
chants. The peril we have to face in
South America is English. There is
not a single American newspaper in
South America, and there is no evi-
dence of cousinly love in treating of
things American by the English news-
papers. Th -y constantly play upon
the alleged imperialistic attitude of
the United States.”
Bernard N. Baker, recently appoint-
ed member of the United States ship-
ping board, who was on the program
for an address concerning the work
of the board, was not present, prob-
ably because he has just resigned
from this body.
In addition to the main subjects
taken up at the general sessions, group
sessions were held, at which topics of
specific interest to the various dele-
gates were taken up. These group
sessions discussed foreign credits; co-
operation in foreign trade; problems
of the smaller manufacturer and mer-
chant; banking and investment; com-
mercial education for foreign trade;
the function of the export merchant
and commission.
By far the greatest interest was dis-
played in the session taking up the
problems of the smaller manufacturer
and merchant, which discussed the
Webb bill credits, direct foreign sell-
ing, packing, collections, advertising,
foreign sales organizations, shipping,
obtaining foreign agents and other
topics.
Visits to various Pittsburgh indus-
tries were made Friday afternoon.
The committee on arrangements,
headed by Col. H. P. Bope, provided
optional tours to one of the model
mines of the Pittsburgh Coal Co., to
the plant of the Westinghouse Elec-
tric & Mfg. Co., the American Win-
dow Glass Co. or to the Edgar Thom-
son works of the Carnegie Steel Co.
Friday evening the convention
reached its climax in a banquet at the
William Penn hotel.
The very large and beautifal
banquet hall of the William Penn
hotel was filled to overflowing Friday
night and many Pittsburgh citizens
who desired to attend graciously sur-
rendered their tickets to delegates
from other cities. It was necessary
326
to serve a considerable number of
guests in another dining room, but
owing to the spacious balcony of the
banquet hall, all were able to hear
the speeches of the evening. Brief
speeches were made by the president
of the convention, Alba B. Johnson,
by the toastmaster, W. L. Clause,
president of the Pittsburgh - Plate
Glass Co., Judge Joseph Buffington,
of the United States circuit court, and
John G. Ryan, president of the Ana-
conda Copper Mining Co., but the
two leading features of the evening
were the addresses by Edward N.
Hurley, chairman of the federal trade
commission, and James A. Farrell,
chairman of the National Foreign
Trade Council and president of the
United States Steel Corporation.
Mr. Farrell made an earnest plea
for the supremacy of reason and co-
operation after the end of the great
European war. He said that at least
$5,000,000,000 worth of property de-
stroyed in war must be replaced and
the demands of the work of recon-
struction will be too vast to be met
by private enterprise.
“In the presence of the gigantic
needs of the war-swept territories in
Europe and of their poverty-stricken
populations, any application of the
old-time methods of competition
sounds trivial,” said Mr. Farrell.
“Co-operation on the broadest and
most generous scale, and in the most
sympathetic spirit, must be the rule,
if economic recovery is to be quick
and thorough. We shall greatly facili-
tate international co-operation for the
general welfare of the world by es-
tablishing a co-operative system of
selling in foreign trade among our-
selves. We shall greatly lessen the
possibility of perpetuating in the
domain of commerce the bitterness
and hatred engendered by the war,
if we refuse to be drawn into any
convention, agreement or understand-
ing that would make us parties to
a boycott of the commerce of any
of the nations now arrayed against
each other. To meet any attempted
discrimination against the exports of
the United States, we shall be free
to choose our own weapons and to
invoke the aid of our own govern-
ment. But the American people will
be prompt to recognize the fact that
poverty of Europe cannot contribute
to their welfare, any more than the
misfortunes of their commercial and
industrial rivals can promote the
prosperity of their foreign trade. I
see no reason to doubt that they will
prepare to do their part in laying the
foundations o: a permanent peace on
the firm basis of mutual respect and
evenhanded impartiality and fairness
in the dealings of commerce.”
THE IRON TRADE REVIEW
Mr. Farrell referred to the fact
that since the last foreign trade con-
vention at New Orleans last January,
two new official agencies have been
created for the furtherance of a na-
tional foreign trade policy, the United
States’ shipping board and the tariff
commission. He expressed the opin-
ion that, with the limitations which
surround the powers of both, it would
be too much to expect any remark-
able results from the work of either,
“but, composed as they are,” said
Mr. Farrell, “of men of experience,
tact and discrimination, there is every
The Heart of a Great
Question
“Ship building and shipping are
like the steel business, businesses
of great extremes,” said J. W.
Powell, president of the Fore River
pi Building Corporation, in his
address before the convention.
“The present boom, which promises
to last for a considerable period,
will be succeéded by an equally
severe depression and the time for
the study of this situation and the
application of laws that will mini-
mise the effect of the slump is the
present. The selection of any par-
ticular method for achieving this
result is less important than the
selection of some definite method.
Given this method, there remains
the permanent practical problem of
its application to equalize the cost
of building and operating Amer-
ican vessels as compared with for-
eign competitors. Whether this is
done by direct subsidy, by mail
subvention, by discriminating duties
by tonnage, taxes or by any other
means, tt must be clearly recognised
that it is only by overcoming the
difference in operating and con-
struction costs in this country and
abroad that this industry can hold
its proper place. If the American
people decide that they need a mer-
chant marine, they must face this
payment as the price exacted of
them by the conditions under which
we live.”
reason to assume that they can render
valuable service to the common
cause. That cause is being served
also with ability by the department of
commerce, the federal reserve board,
and the federal trade commission.”
Looking beyond domestic policy on
the outlook for foreign trade, Mr.
Farrell made this significant declara-
tion:
“But I cannot help thinking
that, above and beyond the bear-
ing of our domestic policy on the
outlook for our foreign trade, we
must set ourselves to grasp the
larger and more vital principles
of international co-operation. It is
a debatable question whether the
United States can become a mem-
February 1, 1917
ber of an international league of
peace for the prevention of further
war, but it is not at all doubtful
that we can render an invaluable
service to the establishment of
lasting concord among the peoples
of the earth by setting our face
against anything that looks to the
perpetuation of commercial war in
peace.”
Mr. Hurley, who this week retires
by resignation from the federal trade
commission, was greeted with much
enthusiasm when he arose and was
repeatedly applauded as he made tell-
ing points throughout his address,
He spoke, as he has done many
times previously, on the importance
of correct cost accounting and audit-
ing methods in American business.
He gave an outline of plans of the
federal trade commission to more
efficiently serve business men by di-
viding the country into zones and
stationing expert accountants through-
out the country to assist business
men in perfecting their cost-keeping
systems. He strongly advocated the
passage of the Webb bill and ex-
pressed the belief that it would be-
come a law at the present session of
congress. Referring to the attitude
of the government toward business,
Mr. Hurley said:
“The problems now before the busi-
ness men aud government are not so
complicated but that they can be
worked out, and in a reasonable length
of time. Government has shown that
it is willing and anxious to co-oper-
ate with business. It is now the
duty of the business men of this
country to do their part. Successful
co-operation requires a friendly spirit
on both sides if we are to accomplish
real constructive work. When busi-
ness men request advice in advance
as to some particular step which they
wish to take, they should present to
the government an_ intelligent state-
ment of the facts; then government
should give advice in advance as to
what business men should not do.
“My ideal for the federal trade
commission is that it shall become
the common meeting ground of gov-
ernment and business, and that by
means of its machinery the founda-
tions of industry shall be laid more
secure, competition shall be made
more intelligent and fair, business
men will have more comprehensive
and wider vision of the public inter-
est and the relation of industry to
the public, and the government on
its part will, on behalf of the public,
bring to business its constructive aid.
But I maintain that if we, the busi-
ness men of this country, are going
to accomplish what we should, not
only for our own benefit, but for the
MRI NN me I Om
February 1, 1917
benefit of the country, we must co-
operate along broad constructive
lines, recognize that fair, intelligent
competition is the life of trade, and
that fundamentally the interests of
the public and business are the same.”
Consensus of Convention
Sentiment
To epitomize the discussion and
accomplishments of the convention,
a general committee representing all
lines of industry and the various sec-’
tions, presented through the chairman
of the council, James A. Farrell, a
report which was received with ap-
plause and unanimously ratified as a
statement of the work of the three
days’ conference. The full text of
the report follows:
Your committee suggested no
change in the policy laid down at the
opening of the convention—that there
be no resolutions presented for formal
action. At the same time, we have
felt that certain important matters
developed during the course of your
deliberations should be collated and
summarized to represent in concrete
and permanent form what we deem
to be the body of opinion formulated
in the general sessions and in the
group discussions. The results of
these group meetings have been cov-
ered by the reports of the chairmen
thereof. This statement is presented
by the general committee after con-
sultation with the group chairmen,
and embodies what we concur in be-
lieving to be the points upon which
special emphasis should be placed.
World conditions, because of the
European war, offer to the United
States both opportunities and respon-
sibilities. These responsibilities must
be recognized if the United States is
to realize the opportunities which
are now presented. The share of the
world’s commerce, to which the
United States aspires, is that to which
its resources, productive capacity, en-
terprise and _ skill entitle it. No
thoughtful, patriotic American citizen
desires more, or will be content with
less.
Our trade must depend for its fu-
ture development primarily upon the
efficiency of our agricultural and in-
dustrial production, upon the enter-
prise of American manufacturers, mer-
chants and brokers, and upon the
training of our young men in our
schools, colleges, and universities. The
wider distribution of the benefits of
foreign trade is dependent upon the
participation of a steadily increasing
number of industries and enterprises
of moderate size. Governmental agen-
cies, the department of state with the
diplomatic and consular services, the
department of commerce, the federal
reserve board, and the federal trade
commission can assist American en-
terprise by the negotiation of advan-
tageous commercial treaties, by col-
lecting and disseminating informa-
tion regarding foreign markets and
suggesting improved financing, selling
and purchasing methods. These gov-
ernmental agencies have already ren-
THE IRON TRADE REVIEW
dered and can render still gréater as-
sistance to merchants or manufactur-
ers desirous of extending their foreign
trade. But in the last analysis success
is to be attained only by the courage,
intelligence and efficiency of the mer-
chants, the manufacturers and the
bankers themselves, the co-ordination
of their efforts and their ability to co-
operate with each other and with the
government departments created to
serve them.
To meet world competition, how-
ever, American business, using the
term in its broadest implication, must
be relieved of disadvantages imposed
by legislation and protected by gov-
ernmental action from possible dis-
crimination in foreign markets.
The discussions in this convention
have emphasized the vital importance,
as bearing upon the future of our for-
eign trade, of certain questions which
are being, or should be, considered
by the government. They are:
The legalization of co-operation
in export sales.
The formulation of a sound ship-
ping policy.
A study of the effect of the de-
structiqn of the European treaty
fabric upon the commercial treaties
between the United States and the
nations now at war.
The creation of machinery for a
flexiblé tariff.
I. The doubt as to the application
of the anti-trust laws to expect com-
merce should be removed. Congress
should promptly enact the Webb bill,
now pending in the senate, as recom-
mended by the federal trade commis-
sion to the end that American export-
ers generally while marketing abroad
the products of American agriculture
and industry may have the advantages
of co-operative action in their efforts
to meet foreign combinations.
Il. The chief duty of the United
States shipping board should be to
develop a sound national shipping
policy, calculated to attain the follow-
ing objects:
a. The increase of national income
and of domestic prosperity by afford-
ing greater facilities for the sale
abroad of products of the soil and
industry of the United States, and for
the importation of foreign materials
and products necessary to American
life and industry.
b. The development under the
American flag of transportation serv-
ice with foreign countries and with
the possessions of the United States.
c. Aid to national defense and main-
tenance of foreign commerce, whether
the United States be belligerent or
neutral. To render our foreign com-
merce reasonably independent of for-
eign countries, there will be required
a merchant tonnage so great that it
can be sustained only on the basis of
ability to compete for the world’s
carrying trade with the vessels of
other nations. Such disadvantages in
cost of operations as are imposed by
economic conditions, should be offset
by greater efficiency, but it is the duty
of the government to remedy those
imposed by legislation.
III. While it is impossible to an-
ticipate the future relations of the
nations now at war with one another
and with neutrals, it is certain that
327
ante-bellum conditions will be radi-
cally altered. Commercial treaties
under which the world’s trade was
conducted prior to August, 1914, have
been ruptured by the war. The nego-
tiation of new reements between
the members of both belligerent
groups necessitates a complete read-
justment of the arrangements for-
merly in force. The United States
will inevitably be obliged to nego-
tiate new commercial treaties to con-
form to the bases fixed by other na-
tions to govern their relations with
each other. The possible effects of
European economic alliances and pref-
erential or discriminatory tariffs that
may be imposed thereunder upon
American treaty relations and Amer-
ican trade, should be given careful
consideration by the congress and by
the proper departments of the govern-
ment, including the tariff commission.
The state department has already
created a bureau which is studyin
these problems. This bureau shoul
be enlarged and entitled to secure the
services of experts. This work of
the department of state should be co-
ordinated with the activities of the
department of commerce and both
these departments should co-operate
closely with the federal reserve board,
the federal trade commission, the
shipping board and the tariff commis-
sion when organized. The depart-
ment of state through its treaty bu-
reau, should consult with commercial
organizations and business men indi-
vidually in order that their needs may
be taken into consideration.
Whatever be its underlying princi-
ple, the United States tariff system
should possess adequate resources for
the encouragement and protection of
the foreign trade of the United States.
To secure to the United States the
continuance of the “favored nation
treatment” which our commerce en-
joyed before the war and to protect
American exports against discrimina-
tion in foreign markets, congress
should adopt the principle of a flexi-
ble or bargaining tariff.
In submitting the foregoing con-
siderations to this convention, your
committee desires to express its ap-
preciation of the spirit of co-operation
which has already been evidenced by
the departments of state and com-
merce and by the federal reserve
board and the federal trade commis-
sion, and of their readiness to assist
business men throughout the country.
We believe it to be the sense of this
convention that the foreign trade
council and the delegates here as-
sembled, individually, will consider
it a privilege and a duty to co-operate
with these governmental agencies and
their efforts to encourage the devel-
opment of American foreign trade.
Gulick-Henderson Co., consulting and
inspecting engineer, announces the
removal and consolidation of its gen-
eral offices from 30 Church street and
120 Broadway, New York, to suite
1932-1939 13-21 Park Row.
The Carnegie Steel Co., Pittsburgh, is
building a new office building at Youngs-
town. The new structure will be ready
for occupancy at an early date.
Business News of Nation’s Capital
Daniels Fails in Attempt to Have Shells Made in England—Still Fighting
Efficiency in Government Plants—Various Kinds
Bureau of The Iron Trade Review,
708 Metropolitan Bank Bldg.,
ASHINGTON, Jan. 30.—In-
W teresting developments took
place during the past week
with regard to the controversy pre-
cipitated by Secretary of the Navy
Josephus Daniels as to bids for armor
piercing shells for the navy depart-
ment.
Summarized they are as follows:
The British government refused
to permit Hadfields, Ltd. Shef-
field, Eng., to accept the contract
offered it by Mr. Daniels.
Mr. Daniels announced that be-
fore he would give the contract
to American manufacturers at the
prices they asked, he would have
the government projectile plant
built to produce the shells.
Chairman Charles M. Schwab
of the Bethlehem Steel Corpora-
tion, requested and was granted a
conference on Friday with Mr.
Daniels, lasting two hours. The
conference was apparently de-
signed to restore amicable rela-
tions between the corporation and
Mr. Daniels, with Mr. Schwab as-
suring the latter that the cor-
poration wanted the navy de-
partment to feel that the corpora-
tion’s facilities were an asset to
the nation and at its disposal at
any and all times. The discus-
sions, of a general nature, .accord-
ing to both Mr. Schwab and Mr.
Daniels, apparently did not bring
about any tangible results. Mr.
Daniels’ hostility toward the cor- —
poration seemingly was not al-
layed. However, the discussion
may result in future conferences
between officials of corporation sub-
sidiaries and Mr. Daniels, look-
ing to the reaching of satisfac-
tory terms for supplying shells,
guns and ships.
The refusal of the British govern-
ment to let Hadfields fill the con-
tract was not unexpected. The Jron
Tradé Review has, as a matter of
fact, intimated that it was well with-
in the realm of probability that the
British government would take the
very action it has taken. Cable dis-
patches from London said permission
had been refused by the British gov-
ernment “so long as the exigencies of
war continue”. ‘Mr. Daniels appeared
to be disconcerted by the news, and
of Pickets at Washington
announced that he would await “offi-
cial advices” from Hadfields before
he would accept the report as being
conclusive. But it is evident he gives
entire credence to it. While the an-
nouncement seemingly had the effect
of humiliating Mr. Daniels because
of his zeal to favor a foreign manu-
facturer and at the same time to dis-
credit the American . manufacturers,
it also vexed him. He had been
beaten at his own game. At least,
he had, if he really was sincere in
his efforts to give the contract to
Hadfields.
Mr. Daniels either was or pretended
to be vexed. With some show of
heat after hearing the news from
London he said that he expects work
to begin on the projectile plant in
the spring. Machinery for the plant,
he added, will be advertised for soon.
The matter of building the plant was
said to be a minor incident. The
real problem, according to Mr. Dan-
iels, is that of obtaining the neces-
sary equipment for the plant. While
he claims it can be built and equipped
within a year, it is doubted by prac-
tical men that it can be built and
equipped in less than two years.
Who Will Succeed Baker?
Washington, Jan. 30.—Much interest
is being shown as to whom President
Wilson will name as a member of the
new shipping board to succeed Ber-
nard N. Baker, whose resignation last
week came both suddenly and unex-
pectedly. It is known that an effort
will be made to have the President
name some one from the great lakes
region, which, at present has no rep-
resentative on the board.
(Mr. Baker’s resignation is under-
stood to have been caused by the
fact that he resented efforts of Secre-
tary of the Treasury William G: Mc-
Adoo, to dictate organization of the
board. According to the act the
matter of organization rests solely
with members of the board. It had
been commonly understood and widely
published that Mr. Baker was to be
made chairman of the board because of
the invaluable aid he rendered the
administration in having the shipping
act passed. The fact that Mr. Mc-
Adoo had opposed this idea, apparent-
ly through a sudden change of mind,
came as a distinct surprise. Mr.
McAdoo “suggested” that Mr. Den-
328
man, of San Francisco, be made chair-
man. It is evident, it is pointed out,
that this placed Mr. Baker in an em-
barrassing position, in view of the
general belief that he would be made
chairman.
May Go to Private Yards
Washington, Jan. 30.—Contingent
upon the fact that satisfactory con-
tracts as to prices and time of de-
livery cannot be made with private
ship yards, the naval appropriation
bill for 1918 carries a provision appro-
priating $12,000,000 for the use of the
secretary of the navy in enlarging
navy yards for the construction of
all classes of ships. The bill also
raises the limit of cost of battle
cruisers from $16,500,000 to $19,000,000
each, and of scout cruisers from $5,-
000,000 to $6,000,000 each. It was a
foregone conclusion that this recom-
mendation increasing the limit of cost
would be made. At the recent hear-
ing before the house committee on
naval affairs, it was plainly pointed
out that this action would have to
be taken regardless of whether the
battle and scout cruisers were built
in government or private yards. The
action of the committee will greatly
simplify the situation as to the con-
struction of the four battle cruisers
and three scout cruisers of the 1917
program which remain to be awarded,
provided Secretary of the Navy Dan-
iels abandons his hostility toward pri-
vate builders. If he does not, the situa-
tion will continue to be a deplorable
one, as it would mean the enlargement
of navy yards before beginning con-
struction of these seven vessels, to
say nothing of at least some of the
vessels provided in the 1918 program.
jut despite his bitter attacks on
private ship builders as to their so-
called unreasonable asked in
connection with the building of the
cruisers, it is believed that ‘Mr. Dan-
iels will lose no time in making use
of the increased limit of costs to award
all seven of them to private yards.
Would Extend Veto
Washington, Jan. 30.—By the over-
whelming vote of 1,195 to 60, the
chamber of commerce of the United
States has gone on record in favor
of an amendment to the constitution
of the United States which would
terms
mer tl
+ og P=
a
Li
February 1, 1917
permit the President to approve or
disapprove any specific items or pro-
visions contained in an appropriation
bill. The vote was taken by means
of a referendum among the 475 organi-
zations affiliated with the national
chamber. This strong endorsement
given the proposal is a direct blow at
“pork” legislation.
Still Fighting Efficiency
Washington, Jan. 30.—Containing
riders prohibiting the use of the sys-
tem of scientific shop management, the
fortifications appropriation bill has
been reported to the house, and the
Schwab
Washington, Jan. 30.—Everybody’s
doing it.
Woman suffragists picket the White
House, President Wilson pickets the
senate, and newspaper correspondents
picket Charles M. Schwab, chairman
of the Bethlehem Steel Corporation.
The President does not seem to be
worried one iota about members of
the fair sex posting themselves near
his mansion and keeping “tab” on
him, other than to fear they may
endanger their health by doing so in
these days of uncertain weather at
Washington. Certain members of the
senate are much vexed because of the
President’s “systematic lobbying’, as
one of them calls his practice, while
spending a few hours one or more
days of each week in the President's
room in the capitol. But this charge
does not appear to worry the Presi-
dent, either. Nor does Mr. Schwab
worry about a scouting picket line
of newspaper correspondents. He
knows the critters and the best way
to handle them—there is a faint sus-
picion that this very kind of knowl-
edge has meant considerable to Mr.
Schwab in his attainment of wonder-
ful success in life.
Now, when he wants to protect an
American naval vessels against a shot
from the enemy, Mr. Schwab provides
a mighty good armor for the craft.
When he wants to protect himself
against newspaper cor-
respondents, Mr. Schwab _ provides
insistent
and keeps ready at hand a win-
ning smile and a_ host of _ rip-
ping good stories. This combina-
tion makes a foil with which he can
parry off the most vigorous fusillade
of questions ever fired by such eager
quizzers as Whshington newspaper
correspondents. It is about the only
combination that has ever proven
successful.
While Mr. Schwab was in conference
with Mr. Daniels last week, the cor-
respondents who camp daily at the
THE IRON TRADE REVIEW
naval appropriation bill has been re-
ported to the full committee on naval
affairs by a sub-committee. It was
taken as a matter of course that the
anti-eficiency amendment would be
reincorporated in the naval bill, as
it has been carried in that measure
for the past two years, but there was
some hope that it might be eliminated
from the fortifications measure, which
has carried the rider only once. By
reason of the fact that organized labor
has succeeded in having it reinserted
in the latter measure, there does not
seem to be the slightest doubt that the
amendment will be carried in the army
appropriation bill. Moreover, while the
Baffles News
state, war and navy building, knew
there must be something big pending
—or, as they say, there was a “hen
on”. They consider that Mr. Schwab
comes to Washington only when some-
thing extremely important calls him
to the capital. So they got together,
15 of them, and laid a plan of strat-
egy to prevent 'Mr. Schwab from elud-
ing them after he had finished his
talk with Mr. Daniels. There was no
evidence that Mr. Schwab intended
to give them the dodge, and it is not
the practice of Mr. Schwab to evade
any issue; on the contrary, he always
meets it. But the correspondents are
a skeptical lot, and never take chances
Hence the plan they mapped out.
The divided into three squads, each
to picket Mr. Schwab. One portion
of the corps stood near to the door
of the private office of Secretary
Daniels which leads into the general
office. The other corps was posted
at a door leading into the latter office
from the corridor, while the third
picket line stationed itself at the door
leading from the corridor into Mr.
Daniels’ private office. So all ways of
probable egress were guarded. Fin
ally, Mr. Schwab emerged through the
door by which he had entered—the
one leading from the general office to
the secretary's office. He was “nailed”,
as the correspondents say, the signal
was given by his captors to their fel-
low pickets and soon he was entirely
surrounded by the entire corps. Mr
Schwab showed the utmost calmness
He even smiled—not an uncommon
thing for Mr. Schwab. Soon a volley
of questions was being hurled at him
But he had raised his foil, smile-fin-
ished and presto! he was impenetrable
Figuratively, the correspondents tried
to strike here and there and every-
where in a vain attempt to “run
through” their intended victim. He
fenced gracefully, with a _ skill that
was fatal to his questioners.. The
secretary, he said, really must make
329
amendment might be fought, with
more or less vigor on the floors of
congress, those who are at all likely
to take up the fight are in such a hope-
less minority, judging by the action
of the first session of the present
congress, that they cannot expect to
have the amendment struck out,
Again Suspended
Washington, Jan. 30. — The inter-
state commerce commission has e¢n-
tered orders further suspending from
Jan. 29 until July 29, the operation
of tariffs increasing rates on iron
and steel articles for export both
through Atlantic and Pacific ports.
Writers
any statement that may be made
about the conference.
“But, Mr. Schwab,” said one cor-
respondent as he drew a paper from
his pocket, “what about this attack
Mr. Daniels made on the Bethlehem
Steel Co. last Monday? We have the
secretary's side of the story. Let us
give your side of the stery.”
“No, no,” Mr. Schwab smiled in
protest, “I do not care to say any-
thing about it.”
“But, Mr. Schwab, you know—”
a correspondent started to urge.
“Want mre to tell you a story?”
interrupted Mr. Schwab.
“Sure, sure, go on, Mr. Schwab!”
a chorus answered. '
“Well, your speaking of that attack
on Bethlehem makes me think of an
incident that used to take place when
I rode on the railroad to my country
place. Every day as we passed a cer-
tain point, a great big dog came
bounding out, barking and making
a lot of noise. Finally my curiosity
was aroused. So I asked the brake-
man whose dog that was and wanted
to know what was the matter with it.
“The brakeman said he did not know
whose dog it was, ‘But I'd like to
know,’ he added, ‘what in hell it'd do
with the train if it caught it.” ”
There were those who thought they
saw a certain significance in Mr.
Sehwab’s story, but he said he merely
wanted to know what use it would be
for him to tell Bethlehem’s side of the
controversy to which reference was
made.
Having disposed of this question,
Mr. Schwab was “attacked” from an-
other quarter
“You probably know,” said a cor-
respondent, “that there have been ru-
mors printed that you used your
influence with the British admiralty to
have it refuse to permit Hadfields
to accept the shell awards offered by
the navy department. Do you care
(Continued on page 331.)
Iron and Money: Fact and Comment
Popular Pastime of Penalizing Success Proceeds With Plan to Tax
So-Called “Excess Profits,” in New Revenue Bill
the government’s
military “preparedness” and
other expenses, the administration’s
new revenue bill probably will be
passed by the house this week. In-
corporated in it is a provision for a
special “preparedness” fund of $222,-
to meet
|B eae to raise $248,000,000-
000,000 to be collected by the so-
called “excess profits tax” on cor-
porations and co-partnerships. The
measure, exempts $5,000 of annual net
revenue from the so-called “excess
profits” lot and an additional exemp-
tion is made of 8 per cent on the
profits of actual capital stock in-
vested. Over and above these
exemptions, it proposes a tax of 8
per cent on net income. The tax
is to be assessed on the basis of
sworn statements of capital invest-
ment and earnings.
To illustrate the proposed tax, it is
assumed that a steel company has a
capital stock of $5,000,000 and a sur-
plus of $1,000,000, representing net
earnings, making a total of $6,000,000.
Deducting 8 per cent from this total,
the result is $480,000, one exemption
allowable. Then there is added to
this sum $5,000, another exemption,
so that the total exemption is $485,-
000.
The annual profits of $1,000,000
minus the total exemption of $485,000
leaves $515,000, which is subject to a
tax of 8 per cent. Eight per. cent
of $515,000 is $41,200, the amount of
tax the steel company wouid have
to pay under the circumstances de-
scribed.
In addition to this tax, corpora-
tions are, as is known, subject to an
excise tax of 2 per cent on their
net income, the rate, raised from 1
per cent, having become operative
on Jan. 1, 1917. This tax is provided
for in the Underwood-Simmons tariff
act.
In an effort to tighten the grip of
the income tax law, the house com-
mittee on ways and means has caused
the following provision to be inserted
in the revenue bill:
“Every corporation, joint stock
company or association, or insurance
company subject to the tax herein
imposed, when required by the com-
missioner of internal revenue, shall
‘require a correct return, duly verified
under oath, of its payments of divi-
dends, whether made in cash or its
equivalent in stock, including the
names and addresses of stockholders
and the number of shares owned by
Which Will Pass House Soon
in such form and manner as
the commis-
with the
the
each,
may be prescribed by
sioner of internal revenue,
approval | of the secretary of
treasury.
While it does not provide that this
data shall be made public, it is said
that it will be available to officials
for “checking up” the returns of per-
sons having large stock holdings, to
see if full return has been made.
Iron and Steel Shares
Inactive
Iron and steel stocks, in common
with other shares, were comparatively
inactive the past week, many of them
recording slight net declines. Rumors
of renewed submarine activity, Presi-
dent Wilson's proposal for peace and
world league, the “leak” inquiry and
other rumors and facts possibly were
factors in the market's uncertainty.
Quotations on a number of iron,
steel and industrial shares at the
close of the New York stock exchange,
- Jan. 27, and net changes for the pre-
ceding week are shown in the follow-
ing table:
Close Net
Jan. 27 chg.
meee COR Csedicai b dat se 49% +2%
American Can, prid......... 110 + %
American Car & Fdy....... 685% + &
American Car & Fdy., prid. 118 4%
American Locomotive ...... 75% 3%
American. Locomotive, prid. 106% 4s
American® Steel Foundries... 2 + &
Baldwin Locomotive VE 54% 2%
Baldwin Locomotive, prfd... 102 + %
Bethlehem Steel ........... 440 +15
Bethlehem Steel, prfd....... 126% —3%
Colorado Fuel & Iron...... 47% + %
OB ae 89% +1%
Comcsble Steel occ cccccecs 63% —1%
Crucible Steel, prfd......... 114% + %
General Electric ........... 171 +1%
Gulf States Steel........... 125 —5§
International Harv. of N. J. 120 —2
Inter. Harv. of N. J., prid.. 121 «.....
International Harv. Corp.... 85 -2
Internat’! Harv. Corp., prfid. 114 +1%
Lackawanna Steel ......... 85 -—-1
Nat'l Enmig. & Stamp. Co. 30% 1%
Nat'l En. & Stmp. Co., prf. %6 2
Pressed Steel Car.......... 81% 1+-2%
Pressed Steel Car, prfd..... 106 + %&
Pullman Palace Car........ 16634 + %
Republic Iron & Steel...... 78% —1%
Republic Iron & Steel, prfd. 104 — %
U. S.C. I. P. & Fdy. Co.. 23% +%
U. S.C. I. P. & F. Co., pr. 62% + %
United States Steel......... 113% —lis
United States Steel, prfd.. 120% — %
Westinghouse Electric ..... 53% + %
Maximum quotations for a number
of steel and industrial stocks, not
listed on the New York stock ex-
change, at the close Jan. 26 and Jan.
19, follow:
Jan. 26. Jan. 19
American Radiator ......... 420 410
American Ship Building..... 64% 63
Chica Pneumatic Tool..... 74% 75
LaBelle Iron Works......... 79% 81
Lake Superior Corp’n........ 20% 20%
Stewart-Warner Speed. Co... 100 101
330
Warwick Iron & Steel Co... 9% 9%
Westinghouse Air Brake..... 157 157
Westingh’se Elec. & Mig. Co. 53% 53%
Net Profits
Of Brier Hill Steel Co. Amout to
$10,000,000
Net earnings of the Brier Hill Co.
in 1916 amounted to more than $80
a share on the common stock. Fol-
lowing the annual meeting of the
company in Youngstown Tuesday an
approximate statement of earnings
was made public, showing net profits
of around $10,000,000. From this
amount was set aside $1,000,000 for
a contingent fund to allow for depre-
ciation of inventory; also a contingent
fund of $1,500,000 to pay dividends
for one year.
The company had a net surplus of
$8,000,000 as of Dec. 31, 1916, after all
expenses and allowances. As the
profit and loss surplus as of Dec. 31,
1915, was $1,794,025, the total now
amounts nearly to $10,000,000. The
company’s total assets as of Dec. 31,
1916, amounted to about $30,500,000.
President W. A. Thomas stated that
the business on hand was sufficient to
carry the plants at capacity for a full
year. The output in 1916 was ap-
proximately 550,000 tons.-of steel in-
gots and the 1917 production is ex-
pected to be 650,000 tons. It was an-
nounced that 50 acres of property
near the plants had been purchased
and plans to house employes are in
progress.
All officers and directors were re-
elected except that J. B. Kennedy,
counsel for the Erie railroad, Youngs-
town, takes the place of E. L. Ford
on the board of directors. Mr. Ford
is a director of the Youngstown Sheet
& Tube Co.
Company Will Dissolve
A special meeting of the _ stock-
holders of the United States Metal &
Mfg. Co., 165 Broadway, New York,
has been called for Feb. 20 at the legal
office of the company at Plainfield,
N. J., to consider the recommenda-
tion of the directors that the affairs of
the company be liquidated. It is ex-
pected that legal formalities then will
be taken to terminate the company’s
existence. The United Metal & Mfg.
Co. has been prominent in the railway
supply and iron and steel scrap fields.
.
|
February 1, 1917
Coal and Coke
Made New Records Last Year—In-
crease in By-Products
The production and consumption of
coal in the United States in 1916 broke
all records, according to C. E. Lesher,
coal statistician of the United States
geological survey, department of the in-
terior. The quantity of bituminous coal
mined last year is estimated as slightly
more than 509,000,000 net tons, an in-
crease, compared with the output of
1915, of more than 66,500,000 tons, or 15
per cent, and compared with the previ-
ous maximum, in 1913, of 31,000,000
tons. Data furnished by the anthracite
bureau of information indicate that the
production of Pennsylvania anthracite
was 88,312,000 net tons, about 600,000
tons less than in 1915. The total output
of coal in the United States is thus es-
timated at 597,500,000 net tons, and the
final figures when compiled may show
600,000,000 tons, compared with 570,000,-
000 tons in 1913.
The consumption of coal by the rail-
roads in 1916 is estimated to have been
17,500,000 tons greater than in 1915, the
use of coal in the manufacture of coke
was greater by 20,500,000 tons, exports
increased about 2,500,000 net tons, the
coal mines used 500,000 tons more for
steam and heat, and the increase in con-
sumption, mainly by the manufacturing
industries, was 25,500,000 tons.
The increased consumption of bitumin-
ous coal by the railroads and industrial
interests of the country during the year
brought about a condition in which the
demand for coal was greater than the
ability of the railroads to deliver it,
and in some localities greater than the
ability of the mines to produce it, be-
cause of scarcity of labor.
The estimated output of coke in the
United States in 1916 was 54,325,000
tons, an increase compared with 1915 of
12,744,000 tons, or 307 per cent. The out-
put of beehive coke was about 35,122,000
tons, an increase of 27 per cent com-
pared with 1915, and more than the
previous record, established in 1910, and
the production of by-product coke was
19,203,000 tons, an increase of 36 per
cent over 1915.
Six new by-product coke plants be-
gan operations in 1916 and made an ag-
gregate output of 650,000 tons. It is
estimated that 27,500,000 tons of coal were
used in the manufacture of by-product
coke in 1916; that 270,000 net tons of
ammonium sulphate ; 192,000,000 gallons of
tar, and 35,600,000 gallons of light oils
were recovered; and that the surplus gas
amounted to 118,000,000,000 cubic feet.
The factor most seriously affecting the
production and shipment of bituminous
coal in the last half of the year was the
lack of transportation facilities. Reports
THE IRON TRADE REVIEW
from the several fields show that trouble
owing to lack of cars was experienced
as early as July and was almost uni-
versal by the first of October. The pro-
duction and shipments of bituminous
coal in November were about 80 to 85
- per cent of the estimated requirements,
and the inability of the railroads to
transport this additional 5,000,000 to 8,-
000,000 tons needed by the country
caused an actual shortage of fuel at the
points of consumption, the result of
which was an unprecedented rise in
prices for spot coal.
In view of the shortage of labor it is
of course an open question whether the
mines could have produced all the coal
demanded in the last quarter of 1916.
The estimated shipments in January,
1916, were 40,000,000 tons, or &at the rate
of more than 1,600,000 tons per working
day, compared with 1,480,000 tons per
working day in October and 1,540,000
tons in November, 1916.
The statistics for 1915 indicate that a
serious shortage of labor was imminent
at the end of the year.
Order for Koppers Ovens
The Inland Steel Co., Indiana Har-
bor, Ind., has just placed in operation
a’ battery of 44 Koppers by-product
coke ovens. This completes the third
order given by the Inland company
to the H. Koppers Co. for coke ovens.
The plant now consists of 130 Kop-
pers ovens with complete by-product
and benzol recovery plants.
The H. Koppers Co. has completed
805 by-product coke ovens in the past
12 months. These ovens [ave a total
coal carbonizing capacity ©, 4)-pProxi-
mately 5,000,000 net tons of Cuul per
year.
Large Contract Reported
Dayton, Jan. 30. — The Recording &
Computing Machines Co. is reported
to have taken another order from the
Russian government for time fuses,
the aggregate value of which is $60,-
000,000. This company recently finx
ished an order equally as large. The
plant, which was built principally for
the manufacture of munitions, has
been in operation for more than two
years, and will be run indefintely, ac-
cording to present prospects.
New Insignia
The Berger Mfg. Co., Canton, O.,
has a new insignia design, which will
be used in all the publicity of this
concern in the future. The subject
received a great deal of consideration
and it was finally decided to offer a
substantial prize.
The contest and
closed resently
331
Miss M. A. Goodwin, a student in
the Chicago School of Applied and
Normal Arts, was the winner, sub-
mitting a very satisfactory design.
Schwab Baffles Reporters
(Concluded from page 329.)
to give out any statements about that?”
Sure, Mr. Schwab would. His smile
became more expansive than ever, thus
relieving perceptibly the feeling of the
correspondent, who thought he might
arouse Mr. Schwab's ire.
“T'll have to tell you another story,
I guess,” said Mr. Schwab.
“Go ahead,” he was urged again.
“Tell it.”
“Well, once there was a fellow who
was broke and hungry. He didn’t have
a nickel in his pockets. Soon he met
a man coming down the street and
the hungry one asked the man to
lend him $10. ‘My dear fellow,’ said
the man, ‘I can’t lend you $10, but I
thank you for the compliment, just
the same.’ So, like this man, who
felt he had been complimented be-
cause any one thought he had $10,
I feel flattered that anyone should
think I had such influence as the
report you mention would indicate I
had. Speaking seriously, that report,
of course, is absurd.”
Deprived of another “angle” for
news by the gracious Schwab smile
and timely story, the persistent cor-
respondent tried another “attack”.
“They tell us, Mr. Schwab,” said
one of the inquisitors, “that officials of
the Bethlehem Corporation do not like
to have you come down to Washing-
ton. The story goes that they are
afraid you might offer to donate a
couple of battle cruisers to the gov-
ernment.”
Mr. Schwab again armed himself
with his ever-ready smile.
“Well, if the government needed 'em
we'd give ‘em to it. But the govern-
ment does not want something for
nothing, you know. And I guess there
is something in what you say about
the Bethlehem boys not wanting me
to come down here. Whenever I go
through the works, I always tell them
that if there are any secrets around
not to let me in on_them because I'd
be sure to give them away; I talk
too much.”
Appreciating the fact that Mr.
Schwab had talked considerably, but
had succeeded admirably in not telling
any news, the statement that he talked
too much brought forth an immoderate
laugh from one of the correspondents.
“Just listen at that fellow laugh at
me, would you,” said Mr. Schwab.
“He knows I talk too much, all right.
Good day, gentlemen.”
MEN OF MACHINERY TRADE
Who they are
Where they are
What they are doing
OBERT PATTERSON, for 41
R years connected with the Grand
Trunk railroad and for the last
17 years master mechanic of the re-
pair shops of the Grand Trunk at
Stratford, Ont., has been placed in
charge of the General Car & Machin-
ery Co.’s plant at Montgomery, Que.
Mr. Patterson’s appointment was made
by the Imperial Munitions Board and
the railroad has granted a leave of
absence until the cessation of hostili-
ties abroad. Charles Kelso will act
as master mechanic at Stratford until
Mr. Patterson’s return.
Manning E. Rupp has been appoint-
ed superintendent of the Curtis Pneu-
matic Machinery Co., St. Louis, Mo.
John H. Grayson has resigned as
president and general manager of the
Grayson Tool & Mfg. Co., Indian-
apolis, Ind., and Charleston W. Va.
J. P. Lamb, C. F. Shuler, L. Grif-
fiths and C. Murman are interested
in the General Milling Tool Co., re-
cently incorporated in Cleveland with
$50,000 capital stock.
Chas. E. Carpenter, vice president
of the Allied Machinery Co. of
America, a subsidiary of the Inter-
national Corporation, New York, has
recently returned from Europe.
W. A. Folger, manager of the
Pacific Tool & Supply Co. San
Francisco, plans an extensive trip
through the machine tool manufactur-
ing centers of the United States.
Julius Michaelson has purchased the
controling interest in the Up-To-Date
Tool Co., Boston. He was formerly
connected with the Harbor Machine
Co., Boston.
H. I. Landis has been elected presi-
dent of the Lansdale Foundry Co.,
Lansdale, Pa., effective Jan. 8, and
has taken charge of the management
of the company.
Henry Meyers, formerly connected
with the Hamilton Machine Tool Co.,
Hamilton, O., has resigned from that
position and joined the sales depart-
ment of the Cullen Machinery Co.,
Cleveland.
C. W. Francis, formerly superin-
tendent of the Ahrens Fox Fire En-
gine Co., Cincinnati, has been appoint-
ed superintendent of plant No. 2 of
the Robins & Myers Co., Springfield,
Q,
F. E. R. Blomquist, mechanical en-
gineer for the Kelsey Wheel Co.,
Detroit, has resigned from that posi-
tion to take up the active manage-
ment of the Blomquist-Eck Machine
Co., Cleveland.
Edward Snyder, formerly of the
Barber Colman Co., Rockford, IIL,
and of the Harris Automatic Press
Co., Niles, O., has been appointed
chief engineer of the National Electric
Welder Co., Warren, O.
The Wausau Foundry & Machine
Co., Wausau, Wis., has elected the
following officers: President, J. M.
Howarth; vice president, William An-
derson; secretary, Carl Kraatz; treas-
urer, Albert Kraatz. ;
James W. Barr has been employed
as general machine tool salesman for
the Vandyck-Churchill Co., New York
City. Mr. Barr was formerly the
eastern representative of the Cincin-
nati Milling Machine Co., Cincinnati.
Col. Frederic Nicholls, of Toronto,
president of the Canadian Allis-Chal-
mers, Ltd., and the Canadian General
Electric Co., and closely associated
with many other industrial and finan-
cial enterprises, has been appointed
a member of the Canadian senate.
F. W. Eggeman, formerly salesman
in the Ohio territory for the Haynes
Stellite Co., Kokomo, Ind., has been
promoted to the position of traveling
representative for the same company,
in the eastern Indiana territory, in-
cluding Indianapolis.
R. G. Miller, formerly district man-
ager of the Westinghouse Machine
Co., Philadelphia, has resigned from
that position and becomes associated
with the Kerr Turbine Co., in the
position of district manager of the
Philadelphia office.
Frederick Fiesselman, until recently
assistant to G. J. Hawkey, machine
tool sales manager of the Cleveland
Tool & Supply Co., Cleveland, has
been placed on the road as machinery
salesman for that concern. Mr. Fies-
selman will cover the western portion
of Ohio.
Samuel J. Matchett,
connected with the U. S.
until recently
Automatic
Co., 542 Rockefeller building, Cleve-
land, has joined the sales force of
the Cleveland Tool & Supply Co.,
Cleveland. Mr. Matchett will act as
assistant to the manager of the ma-
chine tool department.
L. A. Green, 1405 First National
Bank building, Pittsburgh, has been
appointed district manager for the
Bedford -Foundry
332
& Machine Coa.,,
manufacturer of electric overhead
traveling cranes. Mr. Green will act
as representative in the states of
Pennsylvania, West Virginia and
eastern Ohio.
The gear department of the Baush
Machine Tool Co., Springfield, Mass.,
will, in the future, be represénted in
the field by H. A. Daniels, who has
had a wide experience in that line of
business.
R. B. Dow, for the past 15 years
with the Cochrane-Bly Co., metal saw-
ing machinery manufacturer, Roches-
ter, N. Y., has recently affiliated him-
self with the Erdle Perforating Co.,
manufacturer of perforated sheet met-
als, Rochester, N. Y.
H. Perry Phelps has been appoint-
ed plant engineer of the Newport
News Ship Building & Dry Dock
Co., Newport, News, Va. Mr. Phelps
will have supervision of all the plant
machinery, including the installation
of a large amount of new equipment
for which the company recently made
an appropriation.
The Vogt Bros. Mfg. Co., Louisville,
Ky., recently incofporated and now
engaged in the manufacture of ice-
making and pumping machinery, has
elected the following officers: Presi-
dent, Adam Vogt; secretary and
treasurer, Ernest L. Vogt; chief en-
gineer, Eric H. Peterson; superin-
tendent, Dan H. Gray; sales manager,
F. A.
Stocker-Rumely-Wachs Co. is the
corporate style of the
ceeding the H. A. Stocker Machinery
Co. and the Rumley-Wachs Machinery
Co., Chicago. The firm will be located at
117 North Jefferson street. The
officers are as follows: President, H.
A. Stocker; vice president, William N.
Greenlee.
concern suc-
Rumely; treasurer, H. J. Reeve; sec
retary, Edward H. Wachs Jr.
The Marshall & Machin-
ery Co., Chicago, recently elected the
officers: H. W.
Edwards, vice
Huschart
following Jones,
George C.
president; William H.
urer; Frank Seese, secretary, and J.
R. Porter, general
these officers have been with the com-
pany for a number of years and now
will assume an active control of the
concern. Mr. Marshall, founder of
the organization, has resigned as
president, but has retained an interest
in the company and will act in an
advisory capacity.
president;
Reed, treas-
manager. All of
aI eine eigaR
.
MEN OF THE IRON TRADE
Who they are
ILLIAM M. BAILEY has
W been appointed assistant to
the president of the Mid-
vale Steel Co., Cambria Steel Co.,
Worth Bros. Co. and Wilmington
Steel Co., effective Feb. 1. He has
been serving as secretary to A. C.
Dinkey, president of these several
companies. His new duties will in-
clude supervision of accidents and
workmen’s compensation, safety and
welfare, labor, real estate and hous-
ing, police, insurance, contributions
and the handling of specially-assigned
matters. Mr. Bailey brings to his
new position the intimate association
of many years with the affairs of
large steel companies and a record
of great skill in serving as the me-
dium between the general public and
the executive management of these
companies. His position has brought
him in contact with men in all lines of
business and has acquired for him
an extended acquaintance in the iron
and steel industry which will peculiar-
ly well fit him for intelligent treat-
ment of the matters now placed
under his supervision. His service to
his employes is reflected in his rise
to his present position from a begin-
ning as a messenger in the Pittsburgh
cfice of Homer J. Lindsay, assistant
to the president of the Carnegie Steel
Co. Mr.
position with the Carnegie Steel Co.,
July 5, 1900. Prior to that time he
Bailey accepted his first
had been employed for several years
in the glass business in the Pittsburgh
district. On March 1, 1906, he was
transferred to the office of President
A. C. Dinkey, of the Carnegie Steel
Co., in the capacity of stenographer.
He became secretary to the presi-
dent, March 1, 1907. When Mr. Din-
key resigned as president of the Car-
negie Steel Co., Oct. 1, 1915, to accept
management of the
newly-formed Midvale Steel & Ord-
the operating
nance Co. Mr. Bailey accompanied
him to Philadelphia, as his secretary.
Mr. Bailey was born in Pittsburgh,
Sept. 27, 1881
Walter H. Lewis, who has been
assistant to Mr. Bailey, has been pro-
moted to the position of secretary to
President Dinkey Mr. Lewis prior
to joining the Midvale staff, had been
associated with Mr. Bailey at Pitts-
burgh.
Justice Grugan, 30 Church street,
Where they are
New York, mining engineer, will sail
for Cuba Feb. 3 to examine iron ore
properties in behalf of certain clients.
W. W. Taylor has opened offices
in the Peoples National Bank build-
ing, 10th floor, Lynchburg, Va., as
consulting mining and chemical engi-
neer and is prepared to examine and
report upon properties and processes.
W. A. Hitchcock, vice president of
the Upson Nut Co., Unionville, Conn.,
and Mrs. Hitchcock, have gone to
W:iLLIAM M. BAILEY
California and will later go to Phoenix,
Ariz.
H.-A. Shier, who for the past seven
years has represented the Bethlehem
Steel Co. in southern Ohio, has resigned
from that company effective Feb. 1, and
will represent the Onandaga Steel Co.,
Inc., of Syracuse, N. Y., in southern
Ohio and western Pennsylvania
Francis B. Parker, for 12 years with
the Republic Iron & Steel Co., Chi-
cago, has resigned his position as
assistant to William Wuthenow, gen-
eral superintendent, western division,
to associate himself with Briggs &
Turivas, iron and steel brokers, West-
minster building, Chicago
R. H. Sweetser, formerly president
of the Thomas Iron Co., Hoken-
dauqua, Pa., has accepted the position
of works manager of the Columbus
333
-presidency of the
What they are doing
Iron & Steel Co., Columbus, O., for
which company he was superintendent
of furnaces before becoming connect-
ed with the Thomas Iron Co.
J. G. Rohrman, for some years dis-
trict sales agent in charge at Atlanta,
Ga., for the Youngstown Sheet &
Tube Co., is to be succeeded, on
Feb. 1, by G. W. Christopher, who
leaves the company’s Chicago office.
Mr. Rohrman goes to Chicago to
represent the Allegheny Steel Co.
George T. Douglas, of Amberst,
N. S., the former manager of the Am-
herst plant of the Canadian Car &
Foundry Co., Ltd., has been appointed
assistant to the vice president and
managing director of the company and
is leaving ior England and France in
connection with its large export or-
ders.
Herbert DuPuy, chairman of the
board of directors of the Crucible
Steel Company of America, Pitts-
burgh, has been elected president to
succeed Charles C. Ramsey, who died
Jan. 11. Mr. DuPuy acted as presi-
dent of the company temporarily, be-
fore the election of Mr. Ramsey, in
1910.
James K. Payne, formerly with the
Evans & Howard Fire Brick Co., has
left that company and established an
office in 2043 Railway Exchange build-
ing, St. Louis, under the name of the
Retort Clay Co. He will mine and ship
Cheltenham fire clays and conduct a
general brokerage business in refractor-
ies and clay products.
Henry S. Kimball, who has been
president of the American Zinc Co. for
many years, resigned his office with the
mining company recently to take the
Remington Arms
Union Metallic Cartridge Co. M. H
Dodge, former president of the Rem-
ington Co., has retired from business
activities
Wallace D. Simmons, presidemt of
the Simmons Hardware Co., of St
Louis, is associated with other prom-
inent business men in the formation
of the Pacific Development Corpora-
tion, which has been formed to take
over the Pacific Commercial Co., the
largest commercial agents in the
Philippines, and Anderson, Meyer
& Co., Ltd., one of the leading com-
mercial houses in China. The new
company has been chartered in New
York state with a capital of $5,000,000.
ls
Ee
tt aN TA ca
2
Tool Buying Takes Spurt in West
Eastern Market Sags Slightly While Heavy Purchases Are Made in Chicago
Territory—Kelly-Springfield Tire Co., Akron, O., Places
Huge List in Hands of Cleveland Dealers
EVERAL good-sized foreign orders for machine
S tools have been closed during the week, but
outside of these developments the market was
quiet as compared with previous weeks. There is a
large amount of business in prospect in the east, but
the prospective buyers are less interested in closing
for their requirements at this time than in outlining
their specifications for action when prices are more
favorable. Many of these concerns apparently be-
lieve that the war is not due to last a great while
longer, and that the termination of hostilities will
be followed by declining values on tools. The Bethle-
hem Steel Co. has ordered ten 25-ton cranes for its
Lehigh plant from the Pawling & Harnischfeger Co.,
and one 50-ton crane from the Morgan Engineering
Co. Considerable rolling mill and crane equipment
for the new steel plant which W. P. Worth and asso-
ciates will build at Claymont, Del., has been ordered
from the Alliance Machine Co., Alliance, O. It is
expected that the Westinghouse Electric & Mfg. Co.
shortly will inquire for a large number of cranes for
the huge plant which it is about to erect at Essington,
Pa. The contract for the erection of this plant, in-
volving 7,500 tons of structural steel, has been let.
Railroad Buying Active in Chicago
RIPPLE of railroad buying has appeared in the
Chicago market. The Burlington, the Chicago,
St. Paul, Minneapolis & Omaha and the Great North-
ern have placed considerable orders in the past few
days, dividing the business among numerous dealers.
It is believed these roads bought practically every-
thing they inquired for. Deliveries vary from 90
days to six months on this business, with a few
tools available in a shorter time. The Rock Island
arsenal has purchased about 50 tools, including some
large planers, lathes and milling machines. Most of
the machinery is of heavy type. The Amalga-
mated Machinery Corporation, Chicago, manufacturer
of singe purpose lathes, is now specializing on auto-
mobile work. This indicates the passing of the heavy
demand for single purpose lathes for munition work.
Numerous machine shops are under construction
in the west, some as adjuncts to existing plants and
some for jobbing work. Equipment for these plants
is purchased in the Chicago market as well as from
St. Louis, Indianapolis and other centers. The Chi-
cago Ship Building Co. is adding a machine shop,
as are the Riverside Foundry & Machine Works, at
Chicago, the Sefton Mfg. Co., Chicago, and Page &
Hill, St. Paul.
The Wall Frogless Switch Co., newly formed at
Kansas City, Mo., is proceeding with the erection of
a plant; the Haynes Automobile Co. is reported to
be planning a factory at Union City, Ind., and the
Hummel & Downing Co., Milwaukee, is building an
addition which will require elevators, conveyors and
metal doors. The Hurley Machine Co., Chicago, is
preparing to build a plant costing $400,000, with
se of 3,000 washing machines per day. The
iting Foundry & Equipment Co., Harvey, IIL,
will add to its steel foundry and the Davis Mfg. Co.,
Milwaukee, builder of engines, expects to extend
334
its shops. The Chicago & North-Western railroad is
planning considerable shop construction at its various
division points in the northwest.
New concerns recently incorporated which are
looked to for some buying of equipment include the
Belleville Malleable Iron Co., Belleville, Ill, the
Marshal Mfg. Co., Kilbourn, Wis., which is to manu-
facture tools, the Sullivan Mfg. Co., Sullivan, Ind.,
tractors, the E. R. Folsom Iron Works, Walkerton,
Ind., tanks -and oil supplies, the Stone Tractor Mfg.
Co., Quincy, IIL, and the Milwaukee Electric Crane
& Mfg. Co., Milwaukee, cranes.
Little Equipment for Making Munitions Bought in
Pittsburgh
ITTSBURGH machine tool dealers state that little
demand now exists for equipment for the manu-
facture of shells and munitions, but pressure for
machinery for the domestic trade is heavier than ever.
While no large single contracts have been placed
recently, orders in the aggregate represent a large
volume of business. The Whitaker-Glessner Co.,
Wheeling, W. Va., has completed plans for an 8-stand
sheet mill at Beech Bottom, W. Va. Contracts for
the heavy rolling mill equipment have been placed,
as indicated elsewhere in this issue. The Donner
Steel Co., Buffalo, has sent out tentative inquiries for
additional cranes and steel works equipment, and the
Bethlehem Steel Co., South Bethlehem, Pa., continues
to figure in the market on a rather extensive scale for
a geo line of heavy machinery and machine
tools.
Heavy List Hits Cleveland Market
if. Cleveland machine tool market is unusually
active and the inquiries which are coming from
a diversified line of users call for milling machines,
shapers, medium sized lathes and heavy equipment.
Deliveries are becoming more nearly normal and it
is believed that the increased buying movement is
due in a large measure to the fact that shipping
dates have been moved nearer. - There have been
no recent price changes and it is stated by several
local dealers that no further revision in quotations
is likely to be made. The Sandusky Drop Forge
Co., Sandusky, O., has purchased considerable forg-
ing equipment and it is stated that this concern 1s
still in the market for some miscellaneous tools. The
Kelly-Springfield Tire Co., Akron, O., has entered
the market for an unusually heavy list of tools to
equip an extensive addition. Both metal and wood-
working machines are needed and this company’s
requirements are published in full on page 336.
Market Strong in Cincinnati
ACHINE tool orders closed in January were
not as heavy as those closed in any month of
the last quarter of 1916. The present month, how-
ever, bids fair to show much improvement over Jan-
uary. The market appears to have settled into a
steady gait, with a sufficient number of inquiries from
domestic sources to keep all shops booked up to
eet
February 1, 1917 THE IRON TRADE REVIEW 335
=
ee a ee
i . Travelling almost as swiftly as a bullet
, the messengers speed on their way.
A disabled machine would mean death—but the machine
is thoroughly reliable. Every vital part is made of steel
that will not break even under the most severe conditions.
JIXGATHON STEELS
*AGATHON"™ Chrome Nickel “AGATHON"™ Vanadium
= *“AGATHON™ Chrome Vanadium ‘“AGATHON”™ Chrome Steel
HIGH GRADE “AGATHON”™ Nickel Steels “AGATHON"™ High Carbon
“AGATHON”™ Special Analyses
*“AGATHON™ STEELS will not break. They are made
especially for Connecting Rods, Crank Shafts, Drawing
Shafts, Pistons, Cams, Gears, Springs, etc., to meet
conditions where life and death hang in the balance.
FOR ALL PURPOSES If you are out for a reputation, specify “AGATHON.”
| WRITE US.
The Central Steel Company
MASSILLON, OHIO
BRANCH OFFICES:
Detroit Office: 326-27-28 Ford Bidg., F. Walter Guibert, District Representative
Cleveland Office: Hickox Bldg., The Hamill-Hickox Co., District ntative :
Chicago Office: Room 1511-12 Lytton Bidg., 14 East Jackson Blvd., A. Schaeffer,
strict ntative
Philadelphia : 902 Widener Bidg., Frank Wallace, District Representative
J. E. Dockendorff & Co., 20 Broad St., New York, N. Y., General Export Agents
Say you saw it in Tue Trow Trape Review
336
ADU UREA SENT
One Beach six stop No. 3 cut-off saw.
One 12-inch tool room lathe.
One 12-inch tool room shaper.
One hand milling machine.
One 12x 30-inch universal tool grinding machine.
One lathe and boring mil! tool grinder.
One drill grinder.
3 One bench filing machine.
One metal jig saw machine.
One sensitive drill for tool room.
Six 52-inch heavy boring mills, motor-driven.
Two 42-inch heavy boring mills, motor-driven.
One 60-inch heavy boring mill, motor-driven.
One 36-inch vertical turret lathe, motor-driven.
One 36 x 36-inch x 12-foot extra heavy planer, motor-driven.
One 24-inch back-geared shaper, heavy pattern, motor-driven.
One 16-inch back-geared shaper, heavy pattern, motor-driven.
One medium size, heavy milling machine, motor-driven.
One large universal heavy milling machine, motor-driven.
One 16-inch geared head, motor-driven, high-speed lathe.
z Three 20-inch geared head, motor-driven, high-speed lathes.
Fy One 32-inch geared head, motor-driven, high-speed lathe.
= One 48-inch triple-geared lathe, 10 feet between centers,
3 pattern.
One 20-inch stationary head drill.
Two 24-inch stationary head drills, back-geared.
One 36-inch sliding head drill, back-geared.
One 48-inch universal motor-driven radial drill
One 72-inch universal motor-driven radial drill.
Two bracket or post drills.
One sensitive drill for machine shop.
Two wet emery wheel stands.
PULL
LAr ee
heavy
TE at
Fauuneislt PUUMLY ASL TY AL ALEMNANAAEDAUHOUNL TEAC ACE t
capacity for at least a month. One large builder of
milling ‘machines cannot make deliveries for six
months, and two large manufacturers of lathes are
in a similar position. The feature of the market
recently has been the increased demand for shapers.
These machines have dragged all through the boom
in the sale of machine tools, and several makers have
abandoned their manufacture to make parts for lathes
THE IRON TRADE REVIEW
SONOGAUDT SELL DRSLE SNR it AATEC AMSARENA SIA TUATHA NEY) CANON EMMAN ak ACARD a
Can You Supply Any of These Tools?
The Kelly-Springfield Tire Co., Akron, O., is in the market for a wide line of equipment, the details of which
are given below. All estimates should be addressed to G. D. Sullivan, chief purchasing agent of the company.
February 1, 1917
Two Burke core saws.
One cold metal saw, circular.
Two hack saws.
One 24-inch arbor press.
One straightening press, 3-inch shaft.
One power punch press No. 32, Toledo or similar.
One portable crane.
One 1%-inch single-head, bolt cutter.
One 3%-inch single-head bolt cutter.
All equipment, if economically motor-driven, although not speci-
fied, quote with motor support.
One ripsaw 16 to 20 inches.
Two surface tables.
One mortiser, 4 to 1%-inch bit.
One 16-inch jointer.
One 24-inch x 6-inch . sutfacer.
about 20-inch saw.
One cut-off saw for carpenter shop.
One 36-inch band saw, tilting table, 16-inch under guide.
One small band saw, tilting table, 16-inch under guide.
One patternmakers’ lathe, 8 to 10 feet between centers,
swing face plate on outer end of spindle for large work, ~
TTT
THT
iit
One rip saw with tilting table,
SC TOMRLSUT ELEN
18-inch
with carriage.
One 36-inch disc sander with tilting table.
One universal trimming machine.
One post drill. E
One saw filing machine. =
Two surface tables.
One small patternmakers’ lathe.
One large face plate patterm dathe.
Where sizes are not given, quote on different sizes
and milling machines. Lately, however, shapers have
partly come into their own, and inquiries and sales
have shown much improvement. Lathes continue to
lead all machine tools in demand and sales. Milling
machines also find an active market. A recent in-
quiry from Russia for 300 lathes cannot be placed
with local builders because of unsatisfactory delivery
dates.
New Construction and Equipment
What it is
Where it is
Who's doing it
Among New England Factories
MANCHESTER, N. H. Plans will be Walter .C
ready to figure about Jan. 29 for a brick and
steel, fireproof, 35 x 124-foot with an BOSTON Fise
ell 60 x 66-foot building for the New England jhe F. 7.
Telephone & Telegraph Co. bile
BOSTON.—Fire in the mercantile building district, causing a
at 289 Atlantic avenue caused $25,000 loss. BOSTON.—The
BOSTON.—A. O. Norton, Inc., 286
grass street, has let a contract for the erec-
tion of a 1 and 2-story, 85 x 225-foot machine
3-story,
supples at
Con- been
motors, etc., with
Cushman, president;
president ;
R. G. S&S.
damaged the
Co., maker of automo
36 ©Whittier
Wardwell,
Waugh, treasurer, and
Horton Mig
loss of
Wittemore-Hamm Co
make
$100,000 capital by
Winthrop C
incorporated to
automobiles with $500,
Collamore 000 capital by C. H. Hutchinson, Brighton,
of Mass., H. A. Palmer, Everett, Mass., and J]
F. Warren, Dorchester, Mass
CONCORD, MASS.—The town will build a
brick, l-story, 72x 150-foot, 8-room grammar
has school, to cost $55,000 in West Concord
FRAMINGHAM, MASS.—The Framingham
machine works is converting the plant into an
iron foundry, with an output of 60 tons daily
Arthur ‘LL. incorporated to make
factory
street, Roxbury
$15,000
ships,
Robert
Wittemore,
machines,
shop. treasurer, and W. E. Hamm. FRAMINGHAM, MASS The Gurney
BOSTON.—The Jas. Russel! Boiler Works BOSTON.—The New England Brass & Fix- Heater Co., Boston, has let contract for a
has let a contract for the erection of a 1 ture Co. has been incorporated with $35,000 brick, 1-story, 82x 127-foot addition to its ma
capital by Gabriel B
dent and treasurer;
story and basement, 110x 147-foot manufac-
turing building.
BOSTON.—The Waugh Motor Truck Co.
has been incorporated with $500,000 capital by
Levy,. Brookline, presi-
Emerson R.
and Horace W. Sexton, Somerville, Mass.
BOSTON.—The Gile
chine shop on Arlington street extension.
GREENFIELD, MASS The
Greenfield, Montague and Turners
pose to construct a reinforced concrete bridge,
towns ot
Falls pro-
Harris, clerk
Motor Co. has been
February 1, 1917 THE IRON TRADE REVIEW
Efficiency Talks with
ROLLING MILL JIM
Efficiency guys
got our mills
doped out to
$90.00 a minute
on delays.
Many a 50 was
shot to pieces
before we put
the skids under the trouble
stuff by using Hubbard Rolls
‘ and castings.
So long—
Gilley Ulf fou. —
Hubbard Steel Foundry Co,
EAST CHICAGO, IND.
1 Ninds of Tron and Steel Rolls and Steed Castings.
338
1,014 feet long and 40 or 43 feet wide at an
estimated cost of $275,000.
HOLYOKE, MASS.—M. J. Hirtigan will
build a brick, 2-story, 33x 75-foot carriage
manufacturing building on Davis street.
LOWELL, MASS.—The Union National
bank contemplates erecting a brick, fireproof,
2-story, 50x 100-foot and 25x 100-foot bank
building at Merrimack and John streets.
NEW BEDFORD, MASS.—The Continen-
tal Wood Screw Co. has let a contract to the
Eastern Construction Co., Woonsocket, R. I.,
for a brick, 2-story and basement, 40 x 260-
foot mill building and a brick, l1-story, 28x
30-foot boiler house to cost $75,000 on Tar-
kiln hill road.
NORTH ANDOVER, MASS.— Davis &
Furber Machine Co. has let a contract for the
erection of a I-story, 159 x 200-foot foundry
addition.
PALMER, MASS.—The town has had plans
drawn for a brick, l-story, 150 x 180-foot, 16-
room high school.
SPRINGFIELD, MASS.—H. H. Buchholz
THE IRON TRADE REVIEW
STOUGHTON, MASS.—The J. W. Wood
Elastic Web Co. will build a reinforced con-
crete, 2-story, 60x 125-foot addition to its
factory on Rose street.
WORCESTER, MASS.—Wright Wire Co.
has let a contract for the erection of a 2-
story, 64x 230-foot addition.
WORCESTER, MASS.—American Steel &
Wire Co. is about to erect a 1-story, 70 x 335-
foot addition.
BRIDGEPORT, CONN. — The Standard
Mig. Co., maker of gear cutters, etc., has in-
creased its capital stock from $75,000 to $225,-
000.
BRIDGEPORT, CONN. — Bridgeport Steel
Co. has commenced work on the erection of a
l-story, 54x 118-foot structure to be used as
a hammer shop.
BRIDGEPORT, CONN.—Plans are ready
to figure for a brick, concrete and steel church
to cost $400,000 for the United Congregational
church on Golden Hill street. Cass Gilbert
New York, is the architect and Gunwald Aus
& Co., New York, steel engineer.
February 1, 1917
Steel Corporation has let a contract for the
erection of a l-story, 39 x 400-foot plant here.
NEW HAVEN, CONN.—The Connecticut
Sash & Door Co. will build a brick, mill con
struction, S5-story, 100x100 foot plant on
Grand avenue and Mill River.
NEW MILFORD, CONN.—A company, of
which John H. Lancaster, Litchfield, Conn., is
at the head, proposes to erect a power plant
to manufacture and distribute electricity over
a large area. It will build a concrete dam,
980 feet long, 40 feet high and 45 feet in
thickness at its base, across the Housatonic
river, near Southville, at a cost of $1,000,000.
SHELTON, CONN.—Holmes Mfg. Co. has
let a contract for the erection of a 2-story,
25 x 50-foot plant addition.
STAMFORD, CONN.—Baer Bros. have let
a contract for the erection of an addition.
STAMFORD, CONN. — Stamford Rolling
Mill Co. has let a contract for the erection
of two additions.
WATERBURY, CONN.—Fire destroyed the
Bits of News from Here and There
The Trumbull Steel Co., Warren, O., has opened a
company is incorporated with $100,000 capital. Its
general western sales office at 973 Continental & Com-
mercial Bank building, Chicago, with D. H. Oskin,
formerly of the home office, as western district sales
manager.
* * *
The Ohie Corrugating Co., Warren, O., has opened
an office at 1024 Continental & Commercial National
Bank building, Chicago. The company will be repre-
sented in this territory by J. V. Cowling & Co.
* ‘7 2
The Berger Mfg. Co., Canton, O., has leased office
and show rooms at 16 Elm street, Cincinnati. Dorbrow
& Otte are the local representatives.
. * >
The plant and equipment of the Allegheny Foundry
officers are: H. D. Kopf, president; Joseph A. Schof-
field, vice president; G. L. Craft, secretary, and A. J.
Haseltime, treasurer.
. * *
C. M. Hall Lamp Co., Detroit, has purchased the
plant and business of the Badger Brass Mfg. Co.,
Kenosha, Wis., for a consideration said to have been
approximately $400,
7 . >
The New Britain Machine Co., New Britain, Conn.,
plans to increase its capital from $800,000 to $1,000,000,
effective on Feb. 1, at the annual meeting of the
stockholders.
* * *
_R. H. Wilson, who has been in charge of the steel
piling department of the Walter A. Zelnicker Supply
Co., in St. Louts, is temporarily representing this com-
Co., Warren, Pa.,
have been purchased by the newly
organised Allegheny Steel Tank Car Co. The new
pany at 910 Hennen building, New Orleans.
will build a brick, fireproof, 1 and 2-story,
145x175-foot manufacturing plant.
SPRINGFIELD, MASS. — The Van Nor-
man Machife Tool Co. has voted to increase
its capital stock to enlarge the present plant
on Wilbraham avenue.
SPRINGFIELD, MASS.—The Napier Saw
Works, incorporated Jan. 15 with $1,000,000
capital, has organized with Charles Napier,
president; Charles H. Parsons, treasurer, and
Fred T. Ley.
FAIRFIELD, CONN. — The Hamilton &
DeLoss Co. recently incorporated with $300,-
000 capital, has let contract to the Levering
& Garrigues Co., New York, for a hollow tile,
2-story and basement factory in Grasmere to
cost $100,000.
HARTFORD, CONN.—The Skat Mfg. Co.
has let contract for a brick and steel mill
construction, 3-story, 49 x 150-foot factory and
a 15x 20-foot boiler house on New Park
avenue.
NEW HAVEN, CONN. — Penn Seaboard
4-story building of the Hulton, Driggs &
Smith Music Co., causing a loss of $75,000.
PROVIDENCE, R. I.—The Gorham Mfg
Co. has let a contract for a brick, 1%4-story
manufacturing building and a brick, 1-story
addition at its plant on Adelaide avenue.
PROVIDENCE, R. I.—The Dover-McDevitt
Co. has been incorporated to manufacture
tools, machinery, etc., with $25,000 capital by
George W. Dover, John M. McDevitt and
John E. Canning.
Along the Middle Atlantic Seaboard
NEW YORK.—The Liberty Hoisting En-
gine Co. has been incorporated with $40,000
capital to manufacture hoists, derricks, etc.,
by D. W. Steele Jr., V. F. Vandebergh and
R. Burns Jr., 11 Broadway.
NEW YORK.— The Driggs Mfg. Corpora-
tion has been incorporated to manufacture ma-
chine tools, foundry and factory supplies, with
$300,000 capittal, by W. Zane, W. Abramson
and L. L. Driggs, 120 Broadway.
NEW YORK.—tThe Electric Car & Loco-
motive Corporation has been incorporated to
build passenger and freight cars and electric
devices, with $1,000,000 capital by R. H.
Beach, W. B. Bingham, A. H. Dirk, Bloom-
field N. J.
LONG ISLAND CITY, N. Y.—A. C. Horn
Co., Bodine avenue, will erect a 1 and 2-
story plant addition.
LONG ISLAND CITY, N. Y.—Architects
Grifin & Wynkoop, 30 Church street, New
York, have completed plans for the Pierce
Motor Realty Corporation, 233 West Fifty-
fourth street, New York, for a l-story, 100x
150-foot automobile plant addition to be
erected here.
WINFIELD, L. IL., N. Y.—John Berdfolk,
643 Monroe place, West New York, N. J., will
build a 2-story plant here to be leased to A
B. Brown & Co., 514 West Forty-sixth street,
New York.
ATLANTIC CITY, N. J.—John Stafford,
owner St. James hotel, Philadelphia, contem
plates erecting an apartment house at Brigh
ton avenue and Boardwalk to cost about
$750,000
CAMDEN, N. J.—Victor Talking Machine
Co. is having plans drawn for a_ grinding
shop.
NEWARK, N. J.—Hanson & Van Winkle
Co. will build addigion to brick factory, 25x
er es an
February 1, 1917 THE JRON TRADE REVIEW
4 |
ae \
339
4 : ~——s
=——— ; = ——_
un TAN
ee Se ae
ee Oe a
A <i cama
SUPERFINE
STEEL CASTINGS
for
Blackwood
Steels
ee ee
Automobiles, Auto Trucks
and High Grade Machinery
ELECTRIC CASTINGS of the highest
Magnetic Permeability, and CASTINGS
made of SPECIAL ALLOYS.
Our large capacity and ideal facilities
enable us to supply you highest quality
work promptly.
Ask Us About Our 8-Day Delivery Schedule
If you wish unusual service, specify our
CASE HARDENING BOXES
and
LEAD AND CYANIDE POTS
Write Us
The Blackwood Steel Foundry Co.
SPRINGFIELD, OHIO
Say you saw it in Tue Iron Trave Review
|
a a, ae
i iiss
ne
340
75, at Chestnut and Van Buren streets to cost
$5,000.
PERTH AMBOY, N. J.—American Ore
Reduction Co. is completing a small plant
which it will occupy temporarily until its large
proposed plant is ready for occupancy. Work
on the latter will be commenced shortly.
TRENTON, N. J.—State of New Jersey
will erect three-story, 40x 52-foot laboratory,
George S. Drew, state architect. .
BROWNSVILLE, PA.—The Monongahela
railroad has completed preliminary plans for
the erection of a I-story, 166x 200-foot ma-
chine and erecting shop to cost $150,000.
CORNWELLS, PA.—Contracts shortly are
to be let for the erection of several additions
THE IRON TRADE REVIEW
to the plant of the Shutte & Koerting Co.
here. ‘
EDDYSTONE, PA.—The Baldwin Loco-
motive Works will erect a I-story, 100 x 300-
foot foundry addition here.
LEBANON, PA.—Cornwall Ore Banks Co.
will erect a 1-story manufacturing building.
PHILADELPHIA.—M. Platt & Co., Sec-
ond and Wharton streets, is about to erect
a 2-story, 40x 90-foot addition.
PHILADELPHIA. — Shiller & Nolan, 820
Cherry street, have let a contract for the
erection of a 2-story and basement, 33 x 67-
foot machine shop.
PHILADELPHIA.—The Freund Construc-
tion Co. is estimating on plans for altera-
tions and additions to the Ii-story brick and
February 1, 1917
steel factory building for the Camden Iron
Works, Camden, N. J.
TITUSVILLE, PA. — American Radiator
Co. has let a contract for the erection of a 1-
story, 80x 100-foot foundry addition here.
WILMINGTON, DEL. — The American
Safety Fender Co. has been incorporated with
$1,250,000 capital by H. E. Latter, N. P.
Coffin and C. M. Enger.
WILMINGTON, DEL.—The Pusey & Jones
Co. has started work on the erection of a 1-
story, 170x456-foot machine and erecting
shop.
BALTIMORE. — Southern Steel Construc-
tion Co., 207 Hoffman building, contemplates
the erection of a 1-story, 75 x 300-foot struc-
ture.
Activities in the Central States
BELMONT N. Y¥.—The Clark Tool Works
has been incorporated with $25,000 capital to
manufacture metal-cutting saws and other ma-
chinery, by R. H. and W. P. Clark and J. B.
Bradley, Cornell, N. Y.
BUFFALO.—Fire damanged the plant of
the Forsyth Metal Goods Co. to the extent of
$25,000.
BUFFALO. — The Cary-Hewitt Metal
Works has been incorporated with $10,000
capital by Richard Cary and Geo. W. Hewitt.
BUFFALO.—The Buffalo Machine & Bridge
Corporation has been incorporated with $50,-
000 capital to build bridges and structural
work by P. D. Campbell, O. B. and W. S.
Meserve, 405 Richmond avenue.
KINGSTON, N. Y.—Emerson Motor Co.
has plans in progress for a 1-story, 60x 120-
foot foundry.
MILLBROOK, N. Y.—.The Modern Motor
Parts Corporation has been incorporated with
$70,000 capital to manufacture motor vehicles,
aeroplanes, etc., by M. J. Carew, A. G.
Ziesk, J. E.-Hauronic, 1400 First National
Bank building, Chicago.
NIAGARA FALLS, N. Y.—The Electro-
Abrasive Co. has been incorporated to manu-
facture abrasives and chemicals with $300,000
capital, by R. G. Wright, J. F. Johnston and
J. M. Givin,
NORTH TONOWANDA, N. Y,—Buffalo
_ Sled Co. is about to erect a manufacturing
building and warehouse to cost about $150,-
000.
SCHENECTADY, N. Y.—The General Elec-
tric Co. is about to erect a 2-story, 125 x 525-
foot foundry to cost about $400,000. The
structural contract has been let.
SYRACUSE, N. Y.—M. L. Oberderfer, 804
East Water street, is about to erect a I-story
and basement, 50x 101-foot core shop.
AKRON, ©.—The Northern Ohio Light &
Traction Co. plans to triple the capacity of
its generating plant at Cuyahoga Falls.
BARBERTON, O.—Engineer H. W. Jones,
Citzens building, has plans prepared for the
Semi-Steel Foundry Co., Barberton, O., to
cost $25,000.
CINCINNATI.—A concrete and steel ad-
dition costing $250,000 will be built on the
Longview asylum.
CINCINNATI. — The American Oak
Leather Co. is in the market for a_ coal
handling plant with a capacity of 250 tons.
CINCINNATI. — The Cincinnati Bickford
Tool Co., Oakley, will build a 2-story addi-
tion, 25x 103 feet. Bids are being received
by Zettel & Rapp, architects.
CINCINNATI.—A large amount of special
equipment will be required by the Crown
Overall Co., which will build a 4-story fac-
tory building, 182x185 feet, and which will
contain 130,000 square feet of floor space.
CINCINNATI. — The Blanton Engineering
Co. has been incorporated with $110,000 capi-
tal by A. D. Blanton, V. L. Mosser, W. P.
Anderson, R. K. Leblond and C.. Jj. Me-
Diarmid.
CINCINNATI.—The Champion Tool Wks.,
Camp Washington, Cincinnati, will build a
new factory to contain 35,000 square feet . of
floor space. Zettel afid Rapp, architects, Cin-
cinnati, have been commissioned to prepare
plans.
CINCINNATI.—The Tower Mfg. Co., this
city, has purchased the plant of R. Johnson
Yard & Cordage Co., Madison, Ind., at a cost
of $12,500. The purchasing company will use
this building for a mew tack factory to take
the place of its plant formerly located at
Madison, and which was damaged by fire last
December.
CLEVELAND.—The Damascus Brake Beam
Co. has purchased a site near Mandalay ave-
nue to be used for factory purposes.
CLEVEEAND. — The Hollander Mfg. Co.
has been incorporated with $10,000 capital, by
Joseph Hollander, Harry Schanberg, et al.
CLEVELAND.—tThe Cleveland Aero Motor
Co. has been incorporated to manufacture gas
motors, by William Kuchenbacker, Frank De-
sort, George Ejierman, et al.
CLEVELAND. — The. General Milling Tool
Co. has been incorporated with $50,000 capi-
tal by J. P. Lamb, C. F. Shuler, L. Griffiths,
C. Murman, et al.
CLEVELAND.—The Cleveland Electric Il-
luminating Co. has been granted a permit to
erect a $25,000 addition to its plant at 1753
East Seventeenth street. °
CLEVELAND. — The Brooklyn Specialty
Mfg. Co. has been incorporated with $10,000
capital by L. Haugh, C. Bearwald, J. Plauchy,
}. Palfy, et al.
CLEVELAND.—The Euclid Crane & Hoist
Co. has acquired four acres near Bliss road
with switching facilities on the Nickel Plate.
It is stated that the company plans to im-
prove the property with factory buildings.
CLEVELAND. —The Walther Engineering
Co., has received a contract for a $110,000 fac-
tory building 100x500 feet for the Harris
Automatic’ Press Co. now located at Niles, O,
The new factory will be built at Marcelline
avenue and East Seventy-first street.
COLUMBUS, O.—The McIntyre Mfg. Co
has purchased 10 acres on West Goodale
street on which it plans to erect a 100 x 200-
foot factory building.
CUYAHOGA FALLS, O.—The Falls En-
gineering & Machine Co. has been incorpo-
rated with $15,000 capital by G. H. Herdman,
L. T. Haines, C. W. Wattleworth et al.
DAYTON, O.—The commissioners of Mont-
gomery and Preble counties will purchase
power house equipment to cost $12,000. Bids
will be open until Jan. 24. Arthur Geisler,
Reibold building, Dayton, is the engineer in
charge.
DAYTON, O. — The plant of the Joyce-
Criland Co., manufacturer of hoisting machin-
ery, has been taken over by W: P. Pippus
and J. M. Switzer. It is proposed to increase
the capital of the company to $250,000 and
make extensive additions to the plant.
EAST PALESTINE, O. — The Efficiency
Electric Co. has been incorporated with $30,-
000 capital to manufacture electrical devices
by Andrew Lukad, John H. Udran, et al
FOSTORIA, O.—The Allen Motors Co. an
nounces the formation of two allied companies
to manufacture steel parts and bodies for its
motor cars. Two factories will be built fos
the new companies.
IRONTON, O.—The Semet-Solvay Co. has
purchased a portion of the materials for its
by-product coke plant which is to be erected
here in the spring. The entire plant is to be
completed by July 1, 1918, and will cost ap-
proximately $3,000,000.
KING MILLS, O.—The Peters Arms Co.
will erect several large additions to its plant.
The company manufactures powder and car-
tridges,
LANCASTER, O.—The Thurston Range &
Heating Co. has been incorporated with $15,-
000 capital to manufacture furnaces and
ranges. The new company plans to build a
new plant at Thurston, O
LIMA, O.—Fire in the C., H. & D. rail-
road shops damaged the main building to the
extent of $200,000.
MENTOR, O.—The Morrow Steamship C«
has been incorporated with $250,000 capital by
J. A. Paisley, W. W. Woods, P. W. Sherman,
A. E. R. Schneider and F. L. Leckie
TOLEDO, O.—The Belmont Motor Car
Co., recently incorporated with $125,000 capi
tal, plans to erect a plant on property pur
chased recently.
JACKSON, KY. — The Jackson Water
Works Co. plans improvements to its plant to
cost $50,000.
LOUISVILLE, KY.—The Bridgeford Mig
Co. has been incorporated with $184,000 capi
tal to do a foundry and stove manufacturing
|
7
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2
February 1, 1917 THE IRON TRADE REVIEW 341
¢ ORGING
Our Exceptional Facilities
enable us to give you
COMPLETE
oT tof PSERVICE
whore lhl o Tt
Special Analysis--Emergency Needs
cast from our
Induction Electric Furnace
Large
Hydraulic Press—Steam Hammer
Capacity
(Kerala
Hollow Boring —Rough Machining
Unusual Equipment for
Scientific Heat Treating and Testing
Let us hear from you
The Crucible Steel Forge Co.
Grant Ave. S.E., near E. 71st St.
Il CLEVELAND
H. V. HARTER |
a> 827 Grant Boulevard |
MILWAUKEE
District Representative
Say you saw it in Tue Iron Trave Review
342
business by J. W. Campbell, George Leff and
P. C. Doerhoefer.
LOUISVILLE, KY. — The D. C. & E.
Mining Co., 1216 West Main street, will in-
stall a corliss engine, 18 x 36-inch, in its mine
at Webb City, Mo. The company is also in
the market for an air compressor; will con-
sider second-hand equipment.
MIDDLESBORO, KY. — The Kentucky
Armature & Motor Works has been organized
and a plant is being equipped by H. A.
Johnson and J. W. Wilson.
ELKHART, IND.—The Foster Machine
Co. plans to build additions costing $70,000.
HOBERT, IND.—The public service com-
mission of the state has authorized the town
to issue $15,000 in bonds to purchase a con-
densing steam turbine for the town lighting
plant.
HUNTINGTON, IND.—The Orton Stein-
brenner Steel Corporation plans to build sev-
eral additions to its plant which will increase
its capacity about 50 per cent.
INDIANAPOLIS. — The Farm Machinery
Co. has been incorporated to manufacture im-
plements and vehicles with $10,000 capital by
M. D. Baumgartner, L. L. Teegarden and H.
S. King.
KOKOMO, IND.—The Indiana Railways &
Light Co. plans to add to its power plant, in-
eluding boilers and a turbine, at a cost of
$150,000,
MARION, IND. — The Koeppen Mould
Works will build a factory costing $20,000.
H. G. Bowstead is architect.
MITCHELL, IND.—The city of Mitchell
plans to build a waterworks plant costing
$115,000. R. M. Cass, Indianapolis, is en-
gineer.
ROCHESTER, IND. — The Wonder Rug
Cleaning Machine Co. has been incorporated
to manufacture machinery by August Boilter,
Frank H. Terry and Norman R. Stoner.
TOLLESTON, IND. — The Gray Motor
Truck Co., 610 Broadway, Gary, is asking
bids on an assembling plant, 110x120 feet to
cost $9,000.
BELLEVILLE, ILL. — The Belleville
Enameling Works has been incorporated with
$12,000 capital by E. A. Settler, Wilbur E.
Klebs and H. A. Lengfelder.
BLUE ISLAND, ILL.—The Ajax Frog &
Switch Co. has leased a site at Blue Island
and plans to build a plant to manufacture
frogs and switches at a cost of $100,000.
CHICAGO.—The Pheoll Mfg. Co., manu-
facturer of screws, has plans tor a factory
costing $50,000 at Twelfth and Waller streets.
CHICAGO, — The Venn - Severin Machine
Co., North avenue, is planning an addition
costing $4,000.
CHICAGO.—Sherman T. Cooper, 111 West
Washington street, is planning to build an 11-
story hotel, 75x 125 feet.
CHICAGO.—The Fruin Drop Forge Co.,
347 Root street, will build a 1-story addition,
24x 60 feet.
CHICAGO.—The Reder Foundry Co., 2125
‘ Canalport avenue, will build a foundry addi-
tion, 60x 150 feet.
CHICAGO.—Wells Fargo & Co., express,
30 North Dearborn street, will build a 10-
story warehouse and garage.
CHICAGO.—The Link-Belt Co. is building
shop and storage house, 125x175 feet to cost
$156,000.
CHICAGO.—The Automatic Screw Machine
Products Co., 416 West Grand avenue, has
plans nearly complete for a factory at Cicero,
Til. p
CHICAGO.—The National Bag & Metal
Co., Max Goodman, president, 6300 South
THE IRON TRADE REVIEW
Federal street, will build a 3-story warehouse,
30 x 100 feet.
CHICAGO.—The Chicago Metallic Mfg.
Co. has been incorporated with $25,000 capital
by Albert A. Cohen, Louis Salinger and .N.
D. Cross.
CHICAGO.—The Doble Steam Car Co. of
Illinois has been incorporated with $50,000
capital by A. F. Beckford, R. D. Morgan and
Elmer W. Arch.
CHICAGO.—The Drake Hotel Co., Michi-
gan avenue and Seventh street, will take bids
February or March on a 12-story hotel on the
Lake Shore drive, to cost $500,000.
CHICAGO.—The Imperial Brass Mig. Co.,
Frank McNeillis president, 524 South Racine
avenue, will build a welding shop, 50x 125
feet to cost $12,000,
CHICAGO.—The Chicago Telephone Co.,
W. F. McGovern engineer, 212 West Wash-
ington street, will take bids soon on a 16-
story office building to cost $750,000.
CHICAGO.—Bids will be received about
Feb. 15 by the commissioner of public works,
406 City Hall, on a double leaf trunnion
bridge at Clark street and Chicago river, es-
timated cost is $300,000.
CHICAGO. — The Turner Mfg. Co. has
bought a site at Ogden avenue and the Bur-
lington railroad and will build a plant at a
cost of $150,000, including a large power in-
stallation.
CHICAGO. — The International Harvester
Co. of New Jersey, W. D. Price engineer,
is building a malleable foundry addition, 24x
170 feet at 1734 Fullerton avenue, at a cost of
$3,500.
CHICAGO. — The Chicago, Fox Lake
Northern Electric railway has been granted a
franchise to extend its line from Wauconda
to Antioch and the state line. L. K. Sher-
man, Chicago, is chief engineer.
CHICAGO. — The International Air Craft
Co., Horace B. Wild, representative, 105
South La Salle street, plans to build an aero-
plane factory of 10 buildings, each about 100
x 200 feet.
CHICAGO.—Bids have been asked by the
sanitary district of Chicago, 910 South Michi-
gan avenue, on Calumet pumping station, 90
x133 feet to cost about $2,000,000. D. W.
Morrison, 910 South Michigan avenue, is en-
gineer.
EAST ST. LOUIS.—The Aluminum Co. of
America will build a reduction plant at East
St. Louis. J. S. Murray, Oliver building,
Pittsburgh, is purchasing agent.
GRANITE CITY, ILL. — The Superior
Products Co. has been incorporated with
$200,000 capital by Clarence Lile, David Mil-
ler, and William Roy Huff.
HARVEY, ILL.—The Buda Co., James
Viles president, 80 East Jackson boulevard,
Chicago, will build a machine shop and as-
sembling plant, 2 or 3 stories, 80x 257 feet.
Henry Roeder, 20 East Jackson boulevard,
Chicago, is architect.
OAKLAND, ILL.—The Swift Tack Fac-
tory expects to occupy its new factory which
is being built at Park and Emeryville avenues
in the near future. Considerable new equip-
ment is to be installed.*
PARIS, ILL.—The McGuire-Cummings Co.,
C. B. Biddleson, manager, will build a truck
and machine shop 62x 146 feet to cost $18,-
000.
PEORIA, ILL.—The Bolt Mfg. Co., manu-
facturer of traction engines will build a foun-
dry 300 x 300 feet, costing $100,000.
ROCK ISLAND, ILL.—The Wray Pneu-
matic Pump Co. has been incorporated to
manufacture pneumatic pumps with $21,000
February 1, 1917
capital by James L. Wray, N. M. Moore and
Cc. R. Chamberlain.
ROCK ISLAND, ILL.—Bids will be asked
about Feb. 15 by the United States govern-
ment, Col. W. Burr, commandant, Rock Island
arsenal, on a powerhouse and dam to cost
about $250,000.
ROCK ISLAND, ILL.—Bids will be asked
about Feb. 15 by the United States govern-
ment, Col. W. Burr, commandant, Rock Island
arsenal, on a field artillery plant and equip-
ment, to cost about $1,250,000, including an
assembling building 360 x 400 feet, power con-
ditioning house 40x41 feet, blending and
mixing house 50x 60 feet, four mixing houses
and four drying houses each 30 x 30 feet.
CUDAHY, WIS.—The Ladish Drop Forge
Co., formerly Ladish-Obenberger Co., is com-
pleting work on a large shop addition which
will about double the present capacity. “
MILWAUKEE.—The Sivyer Steel Castings
Co. has increased its capital stock from $300,-
000 to $400,000.
WATERTOWN, WIS.—A new office build-
ing, warehouse and shop addition will be
erected by the Washington Cutlery Co. Plans
are being prepared by Architects Schnetzky &
Son, Milwaukee, for a brick and mill build-
ing, two stories and basement, 45 x 60 feet.
WAUSAU, WIS.—The Zietler & Lamson
Motor Truck Co., Chicago, has accepted the
proposition of the chamber of commerce, to
move its plant and headquarters to Wausau.
The capital will be increased from $100,000
to $500,000 at once to provide for the erection
of a modern factory building, 200x300 feet,
l-story, in the spring. The present shop,
4638-4646 West Madison street, Chicago, will
be occupied until the new works are ready.
ADRIAN, MICH.—The Oliver Instrument
Co., Detroit, builder of machine tools, will
build a plant at Adrian and move its busi-
ness here.
BATTLE CREEK.—The Consumers Power
Co. will add to its electric power plant a
turbine room, 50x55 feet, and a_ boiler
room 65x66 feet, at a cost of $250,000.
DETROIT.—The W. J.- Baird Machinery
Co., 54 Jefferson street, is building an addi-
tion to its plant.
DETROIT.—The City Brass Foundry Co.
has been incorporated with $2,000 capital as
founder by Frederick L. Maeder, Isaac Kap-
lan, and H. H. Smilansky.
DETROIT.—The Detroit Automatic Clamp
Co. has been incorporated with $40,000 capi-
tal to manufacture various kinds of automo-
bile accessories by J. M. Bryson, G. W.
Whipple and G. G. Collins.
GRAND RAPIDS, MICH. — The Clipper
Belt Lacer Co., Charles P. Foote, manager,
1002 Front .street, will build a 2-story addi-
tion, 75x 102 feet.
JACKSON, MICH. — The Field-Brundage
$10,000 capital *to manufacture machinery by
Engine Works has been incorporated with
G. R. Durgan, Z. I. Zook, Chicago, and J. R.
Whiting, of Jackson.
KALAMAZOO.—The Fuller & Sons Mfg.
Co.,. manufacturer of automobile parts, will
build a 4-story addition 60x176 feet, to
cost $150,000.
KALAMAZOO, MICH.—The Fuller & Sons
Mig. Co., manufacturer of automobile parts,
will build a 4-story addition 60x 176 feet, to
cost $150,000.
KALAMAZOO, MICH.—The’ Dunkley Co.,
manufacturer of machinery, 315 Eleanor street,
will build a factory, 340x280 feet, costing
$35,000.
LOWELL, MICH.—The city of Lowell
: February 1, 1917 THE IRON TRADE REVIEW 343 .
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Manganese .......... 1.00 8611
FS 3.40 2.9277
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E.R
Say you saw it in Tue Iron Trape Review
344
plans to rebuild its burned waterworks plant
at a cost of about $60,000.
MUSKEGON HEIGHTS, MICH. — The
Universal Four Cycle Motor Co. has bought a
site and will build a plant.
MUSKEGON, MICH.—The Clover Foun-
dry has been incorporated with $50,000 capi-
tal to do a general foundry business by Chas.
S., Chas. M., and H. W. Clover.
MUSKEGON, MICH.—The Flying Dutch-
man Aerial Co., recently incorporated, with
$30,000 capital, is planning to erect a plant
at Muskegon. S. L. Buchanan, Holland,
Mich,. is interested.
ADA, MINN. — D. E. Fulton, county
auditor, will receive bids until Jan. 29 on 38
reinforced concrete and steel bridges and 42
culverts, aggregating $52,000.
BRAINERD, MINN.—The Northern Pacific
railroad, H. E. Stevens chief engineer, 1210
Railroad building, St. Paul, will build a 1-
story machine shop, 40x45 feet to cost
$10,000.
MINNEAPOLIS. — The Roberts-Hamilton
Co., manufacturer of furnaces and boilers, 413
South Fourth street, will add to its plant.
MINNEAPOLIS, MINN.-—-Plans are being
made for a 12-story office building to cost
$750,000. H. F, Williams, manager for the
McMichael Investment Co., is interested.
ROYALTON, MINN.—Bids will be asked
soon for a bridge over the Mississippi river,
costing $30,000, by the county clerk at Little
Falls.
SAUK CENTER, MINN.—Bonds for $50,-
000 have been voted for electric light plant
construction. J. F. Cooper is village clerk.
ST. PAUL, MINN.—Page & Hill, Ham-
den and Hersey avenues, will build a machine
and tank shop.
ST. PAUL.—The Great Northern Railroad
Terminal railroad has been incorporated with
$2,500,000 capital to build terminal yards and
freight houses costing about $4,000,000. L.
W. Hill is president.
WABASHA, MINN. — The Wabasha Gas
Co., E. E. Collins, president, 309 North-
western Bank Bildg., Minneapolis, will take
bids about March 1 on a gas plant to
;eost $35,000.
SPRINGFIELD, MO.—The Ford Brass Co.
has been incorporated with $10,000 capital by
H. T. Ford, J. A. Gammon and T. M. Ford.
ST. JOSEPH, MO.—A contract will be let
soon for building the St. Joseph & Grand
Island bridge over the Missouri river, at a
cost of $800,000. Graham V. Lucy, St.
Joseph, is vice president of the railroad.
ST. LOUIS. — The Western Foundry &
Sash Co. is enlarging its foundry 80 x 100 feet.
ST. LOUIS.—The Medart Patent Pulley
Co. has purchased a site on which it plans
to erect a new factory building.
ST. LOUIS. — The Gevecker Sheet Metal
Works has been incorporated with $12,000
capital by Arthur Gevecker, Harry Gevecker
and Charies J. Gevecker.
ST. LOUIS.—The Fulton Iron Works, J.
F. O'Neil, president, 1259 Delaware avenue,
will take bids Feb. 15 for a forge shop to
cost $100;000.- -
ST. LOUIS.—The Mauthe-Schafer Mfg. Co.
has been incorporated with $12,000 capital by
W. J. Mauthe, H. B. and H. B. Irwin, De
Soto, Missouri, and Louis Shafer.
THE IRON TRADE REVIEW
February 1, 1917
South of Mason-Dixon Line
VAIO TL NT ise
WASHINGTON. — Bureau of yards and
docks, mavy department, will receive bids
till Jan. 29 om the contract for the erection of
a structural shop at the League Island navy
yard to cost about $600,000.
BELLE FOURCHE, S. D. — The Belle
Fourche and Northwestern railroad plans a
200-mile extension to Miles City, Mont. J.
H. Thomas, Belle Fourche, is chief engineer.
CHATTANOOGA, TENN.—The Tennessee
Textile Mills has been incorporated with
$100,000 capital, by Clifford Friar, J. Walter
Cummings, Clyde E. A. Keene, Sam J. and
William L. McAllister. The company will
buy 100 hosiery machines and equip a plant
at Alton Park.
JOHNSON CITY, TENN.—Prices and data
on engine and boiler, transmission equip-
ment, and 3-phase motors, 50 and 100-horse-
power and smaller, for a furniture factory are
wanted by F. Williamson.
KINGSPORT, TENN.—The DeCamp Glass
Casket Co., Memphis, Tenn., incorporated
some time ago with $1,000,000 capital will be-
gin construction of a factory building here
estimated to cost from $125,000 to $150,000.
MEMPHIS, TENN.—Orgill Bros. & Co.,
hardware dealers, propose to construct a 4-
FT. SCOTT, KAS.—An election will be
held soon on the proposition to issue $168,000
in bonds for a nelectric light and heating
plant.
LA CROSSE, KAS. — Bonds for $12,000
have been voted to build an electric light
plant and $40,000 for a waterworks plant. W.
B. Rollins & Co., Kansas City, Mo., is en-
gineer.
LENORA, KAS.—Bids will be received
until Jan. 30 by C. W. Thima, city clerk, for
AAT MA
The Dominion of Canada
CL OL CL Me
SYDNEY, N. S.—The Dominion Iron &
Steel Co. proposes to purchase a 2,000 kilo-
watt electric unit complete; also water tube
boilers of 3,000 horsepower for the company’s
mines at Wabana, Newfoundland. Other
equipment will also be purchased. In all
about $1,000,000 will be expended.
MONTREAL. — The Universal Machinery
Co. has been incorporated to manufacture
woodworking machinery with $200,000 capital
by Herbert Johnson, Charles R. Jones, Frank
T. Malone and others of Montreal.
MONTREAL.—-Master & Co. has been in
corporated to manufacture munitions, tools,
etc., with $200,000 Capital by Arthur R. - Hol-
den, Pierre A. Badeaux, Ernest G. Bennett
and others of Montreal.
MONTREAL. — The British Forgings Co.
story warehouse of brick and mill construc-
tion, to cost $150,000.
NASHVILLE, TENN.—The Southern Ma-
chine & Foundry Co. has been incorporated
with $35,000 capital by S. S. Warren, E. and
S. Hartsfeld et al.
NASHVILLE, TENN.—A trustee’s sale of
Stewart-Bruckner Co.’s machine shop and
foundry has been set for Feb. 10; $25,000 to
be raised. ~
NEW ORLEANS.—J. L. Lancaster, one of
the receivers for the Texas & Pacific railway,
has announced that the company will expend
$3,000,000 in the next three months on new
equipment.
HUBBARD, TEX. — The Union Central
Light & Power Co., N. A. Bass, president, is
inquiring for equipment and material for
extending its transmission lines.
WACO, TEX.—Plans are being prepared
for a planing mill and manufacturing building
for the C. M. Trautschold Co. The main
building will be 100x165 feet, two stories, of
brick and reinforced concrete.
WICHITA FALLS, TEX.—M. M. Cooke
has been appointed by the county to super-
vise construction of three new bridges for
which a bond of $80,000 has been approved
HOTA Tne eT
Mississippi to the Rockies
2 oe
building an electric light plant
WICHITA, KAS.—The Arkansas Valley
Interurban Co. has applied to the public utili
ties commission for permission to issue $2,-
000,000 additional bonds arid $900,000 addi
tional stock for the purpose of building ex
tensions into several adjoining counties W
J. Faulkner, Wichita, is superintendent and
purchasing agent.
MASON CITY, IA.—The Hawkeye Supply
Co., 217 East Huntley street, will build an
addition 110x132 feet, 2 to 6 stories
LSQLUNOMALUA UT
has been incorperated to manufacture forg
ings, machinery, tools, iron, etc., with $50,000
capital by Francis G. Bush, George R. Dren
nan, Alexander G. Yeoman and others
MONTREAL.—The North American Hard-
ware Supply Co. has been incorporated t
manufacture hardware supplies, tools, ete.,
with $49,000 capital by Edmond Haurtubise,
Lucien Brault, Charles H.
others, of Montreal.
FERGUS, ONT.—Beatty Brothers, Ltd.,
are in the market for equipment for foundry,
power pliant and heating, as follows: Six to
10-ton cupola, cupola blower, exhaust fan,
tumbling mills, boiler, steam pumps, scales,
motors, steam engines, etc.
TORONTO. — The Consolidated Steel Co.,
1154 Dubdas street, will build an addition to
its plant to cost $2,500.
Letourneaux and
x
4
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Pee ares
Ph ne OE
February 1, 1917 THE IRON TRADE REVIEW 345
Here’s what
Another
One Says-
LUTTE OUEST eee
The letter to the left is an
illustration of just how
Stellite stands among big
users.
We have on file, hundreds
of similar letters of com-
mendation from users of
“ Stellite’”’ .
The possibilities of “‘Stellite’’ are unlimited. Each day brings in a
new and startling revelation. Its principal advantage is its ability
to cut metal from 25% to 300% faster than can any other tool.
ARC WELDED STELLITE TOOLS
are the latest thing that we have produced.
These tools are not all “Stellite”’—only the part that does the actual cutting. The shank is made of drop
forged .45 to .55 carbon steel.
Consequently Arc Welded Stellite Tools are so reasonable in price that they will pay for themselves the first
day you use them.
Cut out the coupon below, send it along with your check for one dollar, and we will see that you get two
34” x 34" x2” Stellite lathe bits. You will find that your dollar has been well invested.
The Haynes Stellite Company
Patentees and Sole Manufacturers
HOME OFFICE AND PLANT - KOKOMO, INDIANA
BRANCH OFFICES:
600 Lytton Building, Chicago, Ill. 120 Broadway, New York City, N.Y.
2402 Union Central ¢-, Cincinnati, O. 517 Rockefeller Bidg., Cleveland, O.
1370 Penobscot Bldg., Detroit, Mich. 805 Widener Sidg., Philadelphia, Pa.
2418 Farmers’ Bank Blidg., Pittsburgh, Pa.
also sold by
THE MIDVALE STEEL COMPANY
WAREHOUSES: Philadelphia, Boston, New York, Cleveland, Chicago, San Francisco
Licensed Canadian Manufacturer
DELORO SMELTING AND REFINING CO.
Deloro and Toronto, Ontario, Canada
The Haynes Stellite Co.
Kokomo, Indiana
Gentlemen:
I have enclosed the One Dollar Bill. Please send me the
Two Bits—+so that I can give “‘Stellite” a trial
Name .
Address Care of
Street and City
1. T. R.
Say you saw it in Tue Iron Trane Review
*
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THE IRON TRADE REVIEW
February 1, 1917
New Trade Publications
BELTING.—The Stanley Belting Co., Chi-
cago, has issued a folder devoted to its belt-
ing, which is made of solid woven cotton im-
pregnated with a special compound. It is
claimed that this compound eliminates any
necessity of lubrication. The belting is fur-
nished in thicknesses of 3/16 inch, 4 inch
and % inch and is said to have tensile
strengths of 1,400 2,400 and 3,300 pounds per
inch, respectively.
RIVETERS.—A 64-page booklet describing
riveters manufactured by the Hanna Engi-
neering Works, Chicago, has been published
by the Vulcan Engineering Sales Co., Chi-
cago. The construction of the riveters, in-
cluding the qualities of the different parts as-
sembled is carefully detailed. It is said that
the riveter will drive a rivet with one blow
or if desired, an automatically slowing up
motion may be made effective, enabling the
riveter to drive cold rivets without any at-
tendant danger of crystallization.
SEMI HIGH SPEED STEEL.—The Vana-
dium-Alloys Co., Pittsburgh, is distributing a
folder describing a low carbon, semi high
speed steel which was recently placed on the
market. In addition to other ingredients the
alloy contains approximately 11 to 13 per cent
tungsten. This steel is designed to be used
in making rivets and bolts, gripping, swedg-
ing, extrusion and drawing dies, domino and
header tools, etc. The proper methods for
forging, hardening, cooling and annealing this
special steel are also presented.
HEAT RESISTING ALLOY. — The Dia-
mond Power Specialty Co., Detroit, has issued
an 8-page bulletin devoted to Insuluminum, a
recent product of the General Electric Co.,
research department. Impregnating iron and
steel with an aluminum alloy has resulted in
this ferro-aluminum, said to be of great hard-
ness and claimed to possess heat resisting
qualities in excess to those of iron and steel.
The Diamond Power company will utilize this
alloy in the manufacture of soot blowers for
boilers.
ENGINES AND BOILERS. — The Nagle
Engine & Boiler Works, Erie, Pa., has re-
cently issued a 94-page, 6% x 9-inch, cloth-
bound .catalog describing the different types
of engines and boilers built by them. In ad-
dition to the engines and boilers illustrated
and described, the Nagle company builds the
Franklin water-tube boiler. Every left-hand
page of the catalog is devoted to a half-tone
illustration of either a boiler or engine, while
the right hand page carries the specifications
and general description of the machine or
boiler illustrated. Measurements for setting
up the various types of boilers are included
in the catalog.
WATER REGULATORS. — A folder de-
scribing steam specialties was recently pub-
lished by the Kitts Mfg. Co., Oswego, N. Y.
The company manufactures safety feed water
regulators, hydraulic damper regulators, re-
ducing valves, steam taps, etc. The water
regulator maintains any desired water level in
the boiler. The feeder column is attached
to the water column pipe connections at the
same water level and is operated by a solid
gravity weight and counterweight and _ re-
sponds to every variation in the water level,
opening or closing the pilot valve, which in
turn opens or closes the feed valve. The pilot
valve can be taken off under boiler pres-
sure, as the emergency valve immediately
closes when the pilot valve is removed. The
feed valve is adjustable, with renewable seat
and disk.
TUBE EXPANDERS. — The Gustav
Wiedeke Co., Dayton, O., is distributing its
latest catalog, a 96-page booklet illustrating a
full line of tube expanders and tube cutters.
The catalog is indexed and in order to facili-
tate references the sizes are grouped. The
general plan of the book is to have the illus-
trations on the left hand side of every spread
page and data and specifications on the right
side. Pages 4 and 5 are given over to dia-
gramatic views of foreign locomotives. Pages
92, 93, 94 and 95 are likewise devoted to
different types of American locomotives. On
page 66 of the catalog the Wiedeke company
presents its latest copper ferrule setting ex-
pender.
WROUGHT IRON PIPE. — The A. M.
Byers Co., Pittsburgh, has published a 40-page
bulletin dealing with the wearing ability and
non-corrosive qualities of wrought iron pipe.
In order to enable the reader of the bulletin
to understand just how wrought iron is able
to resist the elements a microphotograph of
an end section of a wrought iron pipe en-
larged 3,600 times is reproduced. The slag
bands in the pipe appear black or dark gray,
the iron light gray. The slag is non-corro-
sive, and electrically almost inert. It is
claimed therefore, that rust can only effect
the iron. With 250,000 slag bands or so to
the square inch, the spacing is so close as to
effectively exclude moisture and oxygen. Tes-
timonial letters and illustrated accounts of ex-
traordinary service given by wrought iron pipe
are included in the bulletin.
CLOTH PINIONS.—The General Electric
Co., Schenectady, N. Y., recently issued two
bulletins on the subject of cloth pinions. One
bulletin, containing 26 pages, is devoted ex-
clusively to illustrations and shows the di-
versified line of machinery to which the cloth
pinions are adapted. Photographs of punches,
shears and other heavy machines and elec-
tric meat choppers, dough mixers, coffee mills,
etc., equipped with the cloth pinion are re-
produced. The second bulletin is devoted to
a description of the pinions as to their con-
struction, weight, style, and lubrication. The
cloth pinions consist of a cotton filler com-
pressed under hydraulic pressure of several
tons per square inch, and held in com-
pression by steel shrouds on side plates and
threaded studs passing entirely through both
shrouds and the filler. Gears are furnished
either with the teeth cut or as blanks ready
for tooth cutting by customers.
STEAM TURBINES.—Steam turbines are
illustrated and described in a 12-page bulletin
recently issued by the Moore Steam Turbine
Corporation, Wellsville, N. Y. A portion of
the booklet is given over to a description of
each individual part of the machine. The
turbine casings are split horizontally enabling
the upper half to be removed, exposing the
rotor for inspection. The first stage wheel
is of solid forging construction. The buckets
on the rotor are of stecl drawn or machined
smooth, and set into a dovetailed groove in
the periphery of the wheel. The nozzles in
the first stage are of bronze. Reversing vanes
are used between the two rows of moving
buckets on the first stage wheel. The collars
on the rotor are adjustable and the running
clearance between the collars and the ends of
the bearing can be altered to take up wear.
The governor is of the direct connected type,
mounted on the end of the turbine shaft, and
actuates a steam regulating valve through a
lever construction. The regulating valve on
the governor is of the double beat balanced
poppet type.
AUTOMATIC PLATE VALVES. — An 8-
page bulletin devoted to automatic plate valves
was recently issued by the Mesta Machine
Co., Pittsburgh. These valves were invented
by the Mesta company in 1910 to meet the
demand for an efficient air valve. The valve
consists of a thin annular steel plate which
is guided by a flat volute spring; the latter
furnishing the force necessary to start the
closing motion of the valve. Prongs on the
valve plate are bent around the spring in
order to render the fastening of the spring
to the plate permanent. It is claimed that
the valve plate will never be deformed in
operation since all deformation occurs in the
spring. The valves are now in operation at
almost all pressures ranging from one-half
pound per square inch absolute, to over 1,000
pounds per square inch gage and they are
manufactured in sizes from 2 to 16 inches in
diameter.
WATER HEATERS. — The uses of open
heaters in connection with the heating, meter-
ing, and softening of water for boilers and
similar purposes is outlined in a new booklet
issued recently by the Harrison Safety Boiler
Works, Philadelphia. The fuel economies ef-
fected by the use of exhaust steam to heat
the feed water is explained by a diagram
which indicates a method of determining the
percentage of fuel which may be saved for
any particular installation. A description of
the essential parts of water heaters is of in-
terest. The following chapters are devoted to
the problem of heating feed water in condens-
ing steam power plants. This discussion cov-
ers arrangements for cases where the exhaust
steam is excessive, deficient or where it is
used for heating buildings. Considerable data
on the use of water heaters in connection with
installations of bleeder and mixed-flow_ tur-
bines are included.
PICKLING MACHINES.—A comprehensive
description of pickling machines is presented
in a bulletin recently published by the Mesta
Machine Co., Pittsburgh. The Mesta ma-
chine consists of a central plunger, operated
by steam, carrying a number of horizontal
arms from which are suspended acid-proof
crates. These crates are varied in size and
design to suit the amount, size and character
of the work to be pickled, while the number
of arms is governed by the number of baths
required During the pickling process the
machine is entirely automatic in its action and
requires attention only while the crates are
being transferred from one vat to another.
This is accomplished by depressing a single
lever which admits steam to the cylinder and
raises the crates from the vats. No crane
service is necessary and the only labor re-
quired is that necessary to load and unload
the crates. The machine takes steam on part
of the up stroke only, the remainder of the
stroke being accomplished under the combined
influence of expansion and inertia, while the
down stroke is effected entirely by gravity.
The exhaust from the machine, after it has
passed through an oil-separator, can be used
for heating the acid. The machine permits
the use of two pickling baths.
February 1, 1917
“Young Ovens” are judged by
the company they keep.
Just glance over this representa-
tive list of users.
American Car & Foundry Co.
Buick Motor Co.
Budd Wheel Corporation
Cadillac Motor Car Co.
Chevrolet Motor Co. (6 plants)
Cleveland Foundry Co.
Dort Motor Car Co.
Frantz Premier Co.
Lloyd Mfg. Co.
Michigan Stamping Co.
Ohio Carriage Co.
Studebaker Corporation
Willys-Overland Co.
THE IRON TRADE REVIEW 347
The Answer
to the Oven Problem
Heat retention is one big problem in oven construction.
Heat may be lost through insulation, joints, Moor, con-
tinuous metal between double walls, incomplete com-
bustion, air leaks, unused heat in outgoing gases and
air, and poor circulation.
We have spent years of study in the solving of this big
problem.
Our “Model G” is the answer.
They are not built to meet a “popular price” demand, but
to meet a demand for efficient oven construction.
The initial cost may be more, but it is the only cost.
Cheaper ovens constantly collect toll from increased fuel
cost, caused by wasted heat.
Our little “Pocket Catalog” contains brief general informa-
tion concerning Young Japanning and Baking Ovens and
how they answer the oven problem—send for it.
Young Brothers Company
Russel and Franklin Streets Detroit, Michigan
Say you saw it in Tue Iron TRave Review
fee
348 THE IRON TRADE REVIEW February 1, 1917
IRON AND STEEL PRICES
Corrected up to Tuesday noon
PIG IRON Bessemer billets, Pittsburgh... .. 60.00 to 65.00 Bars, soft steel, Pbgh. (con.). 3.00c
Open hearth billets, Pittsburgh... 60.00 to 65.00 Bars, soft steel, Pittsburgh.... 3.00c to 3.25c
Freee A Na al Seta 2 a Open se Youngstown 60.00 to 65.00 aoe —_ steel, New York... 3.169c to 3.419c
ess , ittsburgh .......... . ess. sheet bars, Youngstown... 60.00 to 65.00 ars, soft steel, Philadelphia.. 3.159c to 3.409c
Basic, Pittsburgh .............- 30.95 Op. h’th sheet bars, Youngstown 60.00 to 65.00 Hoops, carloads, Pbgh. contr. . 3.50c r
Basic, EE AEs Gok oe ve 80% o%'e 0 30.50 to 31.00 Bess. sheet bars, Pittsburgh..... 60.00 to 65.00 Hoops, Pbhgh. ................ 4.00c to 4.25c 7
RE ee ene 35.00 Open hearth sheet bars, Pbgh... 60.00to 65.00 Bands, Pittsburgh ............ 3.90¢c to 4.10c :
Malleable, Pittsburgh .......... 33.95 Muck bars, Pittsburgh (nominal) 50.00 Bands, Pittsburgh (contr.).... 3.00c
peemeente oem oy a aw ad bas? ae sna Goeoees steel 4 ctbb eb eis be te 3.00c to 3.10c suatting. eo » contr. carloads 10 to 20 off
eable foundry, iladelphia. o 34, Sheared steel skelp............. 3.50c to 3.60c ar iron, Chicago........... ". 3.00c
Malleable foundry, Buffalo...... 35.00 Bar iron, Phila cl ae 3.159
Sa ~, Sountre,_ Teeteigeia. .. 31.00 to ee 50 D TRACK TER ed iron, Clevelan bible vxe 3.00c
o. oundry, Pittsburgh... ... RAILS AN MA IAL rt iron, N a a .
ae 2 eeesy: on mang sass 30.30 to 31. 30 (G , Bar loon Pittsburgh ies pws bes 32se°
o. oundry, Ironton......... 30.00 ross tons. Hard steel bars, Chicago...... .
No. 2 foundry, Chicago......... 30.00 to 31.00 Stand. Bes. rails, Phgh, & Chgo. $38.00 ae: Saree _
No. 2X foundry, Philadelphia... 30.00 to 31.00 Stan. op-h’th rails, P gh. & Chgo. 40.00 :
No. 2X foundry, N. J. tidewater 30.00 to 31.00 Light rails, 8 to 10 Ibs. Pbgh.. 53.00 SHEETS
Po Se Sieminrernc: Be Ch wat er pom
oO. plain, ilade arden has 29.50 to 30.00 aAght rails, to Bes 4 ;
a 2 plain, 4 . tidewater.... 29.50 to 30.00 Light <—m - Ibs., Chicago... 49.00 Bs — material takes 10c above prices
o. 2 plain, Buffalo............ 35.00 ight rails, 16 to 20 Bip gh. 51.00 of bessemer
No. 2 southern, Birmingham.... 23.00 to 25.00
3 2 southern, Cincinnati...... : 25.90 to 27.90 G SHEET MILL BLACK.
o. 2 southern, Chicago........ 27.50 to 28.00 age. Bessemer.
No. 2 southern, Phila. delivery. 28.00 to 30.00 F Rates, Pig Iron ge (AS an Se 4.30 to 5.30
No. 2 southern, Cleveland...... 27.50 to 29.00 Mahoning and Shenango valleys to:— Te See eee eres 4.35 to 5.35
Ne 3 southern, New York docks 28.25 to 30.25 Cleveland $0.95 - EE BG Oh sc veb BS o¥c cece cen bus 4.40 to 5.40
o. southern oston docks. ee. Ao Tee ack Lt) eee ee eS i cas anew on ite reen bwedercdedasscoec 4.45 to 5.45
No. 2 south. interior, New Eng. 29.00 to 31.00 em ie eee or DE ShAstnok@subetes cab ceeas cee stt 4.50 to 5.50
No. 2 southern, St. Louwis...... Philadel his PARe Sone eee ee er eee yay 278 i RUG yW bedeed enedees» vce bas Koes 4.55 to 5.55
Virginia, No. 2X furnace....... 27.00 to 28.00 Pittsburgh ; : ; : ; ee ~ aah de ; - : Sats 95 Mar’. tet hdes uvecudhbhh dbs secassthbe 4.65 to 5.65
Virginia, No. 2X, coma, “agi . 29.75 to 30.75 * feces... SP aa: 3.18 TIN MILL BLACK.
Virginia, No. 2X, Jersey City... 30.00 to 31,00 Gage B
’ Minneapolis, St.” deat oh Sh eld 4.54 ge. essemer.
Virginia, 2X, Boston points..... 30.25 to 31,25 RE i eee Artes tore 4.30 to 5.30
Gray forge, eastern Pa......... 29.50 to 30.00 Buffalo to:— as 35 ols, oka seack 4.35 to 5.35
Gray forge, Pittsburgh......... 30.95 Albany, N. Y.......0.-seeeeeeseees $1.26 Nn Sacbegue 4.40 to 5.40
Gray forge Birmingham........ 22.00 New England (all rail)............ 2.58 Py MA ees, on cdnlathe 4.45 to 5.45
Sevarien, 8 per cent, furnace... 36.00 to 37.00 ea oon = — Py rail). 2.58 gs RRR
Silveries, 8 r cent, Chicago... 38.50 rx an rooklyn (by 29 and 30 \. oe 4.55 to 5.55
Low phos. Standard, Phila...... 55.00 to 57.00 canal) Cee ererescosereoecs 1.25 to 1.60 30% Lab SEE TRS al 60 to 5.60
Low phos. Lebanon, Pa., furnace. 50.00 to 55.00 Virginia furnaces to: — Be wt tae ttirese abbeys ons ectey’ ee
Low phos., Pittsburgh.......... 52.00 to $4.00 Boston docks (r. and w.)......-++- $3.05 . GALVANIZED.
Charcoal, Lake ‘Superior, Chgo. New England (all rail)............ 3.25 Gage. Bessemer
Nos. 1 to 4.......... ies si ' 33.75 to 34.75 New York dock (r. and w.)........ 2.88 EP Ey toe y
Charcoal, Buffalo .............. 24.00 to 27.00 Birmingham, Ala., to:— 15 ona 6 GO a Seek eae mS :. 7S to $30
Charcoal, Birmingham ......... 26.00 to 27.00 See 6 EE eer ern SPT Te $2.90 17 - seated oer . oe 90 — 6.65
SEN Rwodesvesiwesbeodencpecetet 4.00 22 Wo syed ochemaleee pied tera > ah oe
pe OS eS EELS OTe Seer 4.00 WO BB we ereereccrnscecceserees 6.05 to 6.80
IRON ORE Ra, Me, stebihssssoscds+s ss. ESE FEE ME SOcP neon ececeesnncenecsess eo deg xe
Lake Superior Ores. Lower Lake Ports. po et BEER SOs Oe St, 08 er Means tutevedsokbisiiuknas dso" 6.50 to 7.25
Olid range Bessemer, 55 per cent, ton.... 5.95 New York (r. and w.)............. 4.25 4 gighttan: ote tts hw. take aati = og | 4
Messabi Bessemer, 55 per cent, ton...... 5.70 Philadelphia (all rail).............. 5.20 Pate pt tee ee
Old range non-Bes., 5144 per cent, ton... 5.20 Philadelphia (r. and w.)...>....... 4.00 BLUE ANNEALED
Mesabi non-Bess., 51% per cent, ton. 5.05 Pe 4.90 Gage. Bessemer
: I? Cl. a. vcd nc Gea's oble'sta .. 278 3 to Boncccceccccccccecccectecess 4.25 to 4.75
Port Henry Ores. Per unit delivered eastern Chicago to:— OS Xe SE eae . 4.25 to 4.75
Pa. All non-Bessemér. Des Moines $2.80 FF A Pere 4.25 to 4.75
Old Bed, crude, 58 per cent... 10.50c to 11.00c SNE Ss - wake caciegirpda crate oa 11 as 3 eee, eet are te ON 4.25 to 4.75
Old Bed, concent., 65 per cent. 11.00c to 11.50c Minneapolis, St. Paul.............. 2.00 <i Nog pales: : artis i
Harmony concent., 63 per cent. 11.50c to 11.75c UG * ¢tu'edeedes dacd 035.05 en0% 1.40 pitied
Lump (at mines) ............ $5.75 SD DN p55 cases etbectans «res cove: Aan . ae. a
on RR GRRE Ree eae 1:58 | No. 28 black, Chicago....... 4.94c to 5.19¢
COKE Ironton and Jackson, 0 to:— Sy ee ee
(At the ovens.) cee? Bn ANS POs PASE SOAS ® C8 FSC x No. 10 blue annealed, Chicago 4.69¢ to 4.94c
. : . CINE ABs dehras 650 0h ck 4060 se 6ese 1.62
Connellsville furnace ........... $8.75 to 9.50 : TE
Connellsville furnace, contract... 8.00to 8.25 Se end Mee ee + TIN PLA
Connellsville foundry, contract.. 6.50 to 6.75 Sttnaaenatie Sst. "P: * ye cpieats fhiars 454 Tin plate, 100 Ib., coke base.. 7.00c to 8.00c
Connellsville foundry .......... 10.00 to 11.00 ge hag aibhidade gota’ g Terne plate 5.75
Wise county furnace, contract... 7.50to 8.50 winemieee bs $1.25 mF apt Nene y av.
Wise county foundry, contract.. 8.50to 9.00 Ma ville — > hie ’ IRON AND STEEL PIPE
Pocahontas foundry, contract.... 8.50to 9.00 ines ii St. Paul $1.75
Pocahontas furnace, contract.... 7.50to 8.00 eee et. SOU: ROY So end sees ’ (Prices adopted Dec. 30, 1916.)
New River foundry, contract.... 9.00 to 11.00 Steel
New River furnace, contract.... 8.00to 8.50 ’ Black Galv
Light rails, 16 to 20 Ibs., Chgo. $48.00 Diameter in inches. Per cent off
FERRO ALLOYS AND STEEL MAKING Light rails, 25 to 45 lbs., Pbgh. 50:00 %, % and %, butt......... 57 30%
METALS Aight rails, 25 to 45 Ibs., Chgo.. 7.00 Be Pees + 61 46%
T. Relaying rails, standard, Pbgh. iD See ras 6b 65% 0064.66 008 64 50%
Ferro manganese, 80 per cent, Se AGO S.vetclcngeawestas FS SS ee SS eae ee 57 44%
seaboard, or furnace prompt. $175 pacying rails light, Chicago.... 34.00to 35.00 2% to 6, lap............ ie 60 47%
Ferro manganese, 80 per cent, Angle bars, st. sect., Pbgh. base 2.25cto2.75c 7 to 12, lap...... ~fee 57 43%
seaboard, or delivered, contract 164to175 Angle bars st. sections, Chgo... 2.25c to 2.75c SS oS Se ed 47
Spiegel, 20 Rae cent, fur. early ar a mene sees te BO TAD Sec cccbecewcvccesvers 45
WE GE SUR ow ci wee cee ce te ee 55.00 to 60.00 pikes, ratiroad, ICAGQO.....++. 3.9UC )
Ferro-silicon, 50 per cent, Pbgh. 150to175 Track bolts, Pittsburgh teeeeeees 4.50 to 5.00c Standard weight, ae and Black Galv.
Bessemer ferro-silicon, 9 per cent to 10 per Track bolts, Chicago........... 4.50c to 4.60c couplings, diam. in inches Per cent off.
cam, $41.00; 10 to 11 per cent, $42.00; 11 to Tie plates, Chicago............. $55.00 to 60.00 of eb pe 46 19
2 per cent, $43.00; 12 to 13 per cent, $44.00 ad .. Sh ke easaNcbin cn oa ae 20
a ton at the furnace at Ashland, Jackson and 5 : Oe... caceaksiEebebs eis. 5 33
New Straitsville, O. SHAPES, PLATES AND BARS ¥ to 134," butt ea al ate 6 ie 34 38
Ferro-carbon titanium, 8 ° 12% Beem, Le: Ri cem dads os 0d oe tus’ 40 25
pound in carloads. ; wa cents PEF Structural shapes, con. Pbgh.. 3.25¢ 1%. ~4 SWaiinda tt sec ud so ee 46 32
Structural shapes, Philadelphia 3.409c to 3.659c 2, jap 2.2... ccc eee ec eucces 47 33
SEMI-FINISHED MATERIAL Structural shapes, Chicago.... 3.19¢ to 3.75c¢ BR a on ap ee 49 36
' Structural shapes, New York.. 3.419c to 3.669 7 to 12, lap........cceeeeeees 48 35
Poe oles eal PRR c80ss 1 = to = te ag shapes, Chicago.... 3.44c to 4.00c
ing billets ee to an lates, Chicago......... 3.94c to 3.50c
Forging billets, Pbgh., nominal. 75.00t0 85.00 Tank Sten Pittsbur (con.) 3.75¢ to 4.00c BOILER TUBES
orging billets, Chicago........ 70.00 Tank plates, Philadelphia..... 3.909c to 4.909c (Price adopted Nov. 20, 1916.)
Wire ag Pittsburgh atic dbe'n inte 75.00 to 80.00 Tank plates, New York....... 3.919c to 4.919c Steel, 3% to 4% inches 1. c. 1........... 46
Bessemer billets, Youngstown... 60.00 to 65.00 Bars, soft steel, Chicago...... 3.09¢ to 3.50c Iron, 3% to 4% inches 1. c. 1............ 36
rr ee
February 1, 1917
IRON AND STEEL PRICES
WIRE PRODUCTS
(Adopted Nov. 24, 1916.)
(Retailers’ prices 5 cents above jobbers’
Wire nails, jobbers’,
Plain wire, jobbers’, ; Pittsburgh. =
Galvanized wire, jobbers’,
THE IRON TRADE REVIEW
Polished staples,
Galvanized staples,
Barb wire, painted, jobbers’,
Barb wire, galv., jobbers’,
BOLTS AND NUTS
(Delivered within 20-cent freight
Carriage bolts,
shorter, rolled thread, 40 and 10; cut threads,
40 and 2%, larger or longer, 30 and 5.
Machine bolts with hot pressed nuts % x 4
and 10; larger or longer, 35 and 5.
Cold pressed, semi-finished hexagon nuts, 50,
pressed square nuts, blanks, $2.50 off; tapped
pressed hexagon. nuts,
nuts, blank, $2.10 off;
Cold pressed hexagon nut,
tapped, $2.00 off.
black sheets, St. Louis. . 5.30c
black sheets, St. Paul... 5.25¢
galv. sheets, Chicago.... 7.00c
galv. sheets, Cleveland... 7.00c
galv. sheets, Cincinnati. . 7.00c
galy. sheets, Detroit..... 7.25¢
alv. sheets, St. Louis. . 7.50c
PEVGREE hsiacvaVovcs’ 4.75¢
Coke Oven By-Products
Spot.
Per Gallon at Producers Plant.
Date Wes acts cvceabashs .55 to
BUGEE 2 > eadeee<c be buaseweut 1.75 to 2.00
Solvent naphtha ............
Per Pound at Producers Plant.
POOMG * ic bkvs tds oc caueesacaes $0.50 to
Per 100 Pounds at Seaboard.
Sulphate of ammonia........ $4.15 to 4.18
Contract.
Per Gallon at Producers Plant.
BORGES. cavebecbatocvas $0.55to .
|” ES SR $1.75 to 2.00
Solvent naphtha ............ 25
Per Pound at Producers Plant.
Phenol (nominal) ........... $0.50 to
Per 100 Pounds at Seaboard.
Sulphate of ammonia.......... no market
Tinner’s rivets, 40 and 10 off, Pittsburgh.
STEEL SHEET PILING
STANDARD STEEL CHAIN
% inch proof coil
COLD ROLLED STRIP STEEL
Base price, 7.00c per 100 pounds, hard, coils
1
Busheling, No. 1,
Busheling, No. 1, St. Louis
>
CAST IRON WATER PIPE
B, New York....
Four-inch Class b, New York...
4 , — No. 1, Chicago.
Four to six-inch Birmingham... . 4 pom
No. 1, Cincinnati.
No. 1, Cleveland
Light weight water and gas pipe No. 1, St. Louis...... 15.00 to 15
IRON AND STEEL SCRAP
(Net Tons.)
Angle bars, iron, Chicago...... $26.50 to 27.
Angle bars, steel, St. Louis..... 19.00 to 19
Arch bars and transoms, St. L.. 28.00 to 28
Arch bars and transoms, Chgo.. 27.00 to 27
me. 2, Ge A oe sinaee 15.00 to 15
13.00 to 13
Boiler plate, cut, No. 1, Chgo...
Boiler plate, cut, No, 1, St. L.. 13.00to13
punchings, Chicago...... 20.00 to 21
Bundled sheet, Cincinnati....... 12.50 to 13
Busheling, No. 1, Chicago...... 16.50 to 17
Busheling, No. 1, Cincinnati..
Cleveland. . . .
Busheling, No Chicago...... 12.25 to 12
borings, Cincinnati. . ' 7.50 to
borings, Cleveland 9.25 to
borings, St. Louis.. : 8.00 to
borings, Chicago ; 8.00 to
14.00 to 14
16.50 to 17
15.50 to 16
15.50 to 16
17.00 to 17
WAREHOUSE PRICES
New York
Boston
Bakimore
Cleveland
Cincinnati
Chicago
bars, Philadelphia stadvatac
Te
Freight Rates, Finished Material
From Pittsburgh, carloads, per 100
16.9 cents
et
BAe
S3ssinx5
AAA aAG
S
i)
>
~INIDA DUDA
‘ , q
+4
sheets, Chicago.
black sheets, Cincinnati. .
eee etree eee
Philadelphia 15.9 cents
«4 sa ‘ —_ 18.9 cents
Buffalo ...... Bt ey 11.6 cents
15.4 cents
10.5 cents
15 8 cents
4 ; 18.9 cents
DNGEE sas 0 ce'es sai . 15.7 cents
Minneapolis and St. Paul 32.9 cents
ES PERT FIT ' 83.6 cents
err PPE TAT YT
New Orleans . ; 30 «cents
Birmingham ........... 45 cents
Pacific coast (all rail). / 73.9 cents
Pacific coast (tin plate) 70 cents
Pacific coast, via Panama canal 61.9 cet
forge, Chicago. . 22.00 to 2
Grate bars, Cleveland . 12.00 to
Iron axles, St. Louis. 36.50 to 37
Iron axles, Cleveland 44.00 to
Knuckles,
coup., Chicago 23.00 to
Knuckles, coup., St. Louis. 23.50 to
Locomotive tires, Chicago 31.00 to
Locomotive tires, St Louis 26.00 to 2
shop turnings, Chicago. 9.00 to
shop turn’gs, Cleveland 9.00 to
shop turn’gs, Cincinnati 7.00 to
shop turnings, St Louis °%.50 to
agricultural, Chicago 15.00 to
Malleable agricultural, St. Louis 16.00 to
Malleable, Cincinnati : 12.50 to
Malleable railroad, Chicago 17.25 to
Malleable railroad, St. Louis 16.50 to
and flues, Cleveland 15.00 to
Pipes and flues, Chicago 14.00 to
Pipes and flues, St. Louis 14.00 to
wrought, No. 1, Cleve 25.00 to
wrought, No. 1, Chg@o. 23.50
wrought, No. 1, Cinci. 19.00 t
wrought, No St. L. 22.50t
l, O te
wrought, No. 2, Chgo.. 22.00 t
wrought, No
St. Louis 24.50 to 2
Chicago 24.00 to 2
Steel car axles, St. Louis.
Steel car axles, Chgo..
Stove
Stove
Stove
Stove
CROGNEB . o's o 646 30
plate, Cleveland.......
Cincinnati. ......
St. Louis,.
(Gross Tons.)
Axle turnings, Cleveland
Axle turnings, Buffalo.......
No. 1, Buffalo......
Busheling, No. 1, Pittsburgh....
Busheling, No. 2, Buffalo
Bundled sheets,
Busheling,
Bundled sheets, Cleveland
Bundled sheets, Buffalo.....
Bundied tin, Buffalo........
Car (iron), Pittsburgh. .
Car
Car
Car
Car
Car
Car
Car
Car
Cast
wheels,
(steel), Pittsburgh, .
CRIGEGO so case css
eastern Pa
St. Louis
Birmingham. .
wheels, Cleveland...
Tram car wheels, Birmingham...
borings, New York
Cast borings, castern Pa
Cast
Cast
Cast,
Cast,
Cast,
borings, Buffalo.......
borings, Pittsburgh
1, eastern Pa
1, Pittsburgh
1, Birmingham
Cast, heavy, No. 1, N. J
Forge,
1, eastern Pa
Frogs, switches, guards,
Grate
Grate
Heavy
Heavy
Heavy
Heavy
Heavy
Heavy
Heavy
Heavy
Heavy
Heavy
Hydraulic
melting
Buffalo. ........
’. J. points.
axle turnings,
melting steel, Pittsburgh
melting steel, Buffalo....
melting steel, Chgo
melting steel, Cleveland..
melting steel, Cincinnati.
melting steel, ecastern Pa
melting steel, New
melting steel, St ee
steel, Birmingham
pressed sheet,
Hydraulic pressed sheets,
Hydraulic pressed sheets,
Iron
Iron
Iron
Tron
Iron
Iron
Iron
Iron
Iron
Iron
Low
Low
Low
Machi
Mch
Mch.
Mch
Mch
Malleable
Malleable
Malleable
Malleable
R. R
R. R
R. R
City
R. R
R. R
Reroll
Reroll!
Reroll
Reroll
Shafting,
Shafting,
Shoveling
Shoveling
Steel
Steel
Steel
Steel
Steel
stove
Stove
Wrought
Wrought
ne shop turnings,
shop turnings,
railroad,
rails,
axles,
axles,
ixles,
Chicago...
Buffalo
Cincinnati
St. Louis
Cleveland
Pittsburgh
Cincinnati
eastern Pa.
Chicago
Buffalo
steel, Buffalo
steel, Pittsburgh. .
steel, castern
railroad, Buffalo
railroad, Pittsburgh.
railroad, eastern
and mch. cast, No f
wrought, No. 1, Buffalo
No. 1, eastern
wrought, New York
wrought, No. 1, Phgh
wrought, No. 1, B’ham
rails,
5 ft. & ov.,
rails, 5 ft. & ovw.,
5 ft. & ov
rails, 5 ft. & ov., §
New York
eastern Pa
steel, Chgo
steel, St. Louis
short, Chicago
short, Cleveland
over 6 ft., Cleveland
old, Birmingham
short, St. Louis
Birmingham
car axles, New York
axles, Buffalo
Cleveland
Pittsburgh
axles, eastern Pa
eastern 4
Pittsburgh
pipe, Buffalo
Wrought pipe, eastern .
pipe, New York...
Pittsburgh
35.00 to 36.00
11.50 to 12.00
12.25 to 12.75
10.50 to 11.00
12.00 to 12.50
$16.50 to 16.75
17.50 to 18.00
. 20.50 to 21,50
16.50 to 17.25
13,00 to 13,50
16.00 to 16.50
14.50 to 15.00
14.00 to 14.50
13.50 to 14,00
21.00 to 22,00
27.00 to 28.00
18.25 to 18.75
20.50 to 21.00
23.00 to 23.50
- 19.00 to 20,00
21.50 to 22.00
18.00 to 19.00
18.50 to 19,00
16.00 to 17.00
11.00 to 11,50
13.00 to 13,50
11.00 to 11.50
12.00 to 12.50
19.50 to 20.50
20.00 to 21,00
19.00 to 20.00
. 20.00 to 20.50
15.00 to 15.50
. 21.50 to 22.00
15.00 to 15.50
15.00 to 15.50
16.00 to 16.50
22.00 to 23.00
25.50 to 26.50
21.50 to 22.00
21.50 to 22.00
19.00 to 20.00
20.50 to 21.50
19.50 to 20.00
22.00 to 22.50
20.00 to 21.00
17.50 to 18.00
18.00 to 18.50
14.50 to 15.00
. 27.50 to 28.00
25.00 to 26.00
24.00 to 25.00
27.00 to 27.50
29.00
39.00 to 40.00
-. 40.00 to 41,00
38.00 to 40.00
38.00 to 39.00
45.00 .
32.00 to 36.00
30.00 to 32,00
. 32.00 to 3400
Buffalo
New York.
turnings, Pittsburgh
shop turnings, ¢astern
turnings, Birmingham
Cleveland...
11.00 to 11,50
10.50 to 11.00
11.75 to 12.25
12.50 to 13.00
10.00.to 11.00
20.50 to 21.00
22.00 to 23.00
21.00 to 21.25
16.50 to 17.00
. 22.50 to 23.00
30.00 to 31,00
26.00 to 27.00
21.25 to 21.50
24.00 to 24.50
20.00 to 21.00
29.00 to 30.00
26.00 to. 26.50
27.00 to 28.00
27.50 to 28.00
24.00 to 25.00
27.00 to 28.00
18 25 to 1875
19.00 ta 19.30
23.50.to 24.00
23.50 to 24.00
21.00 to 22.00
20.00 to 21.00
26.00 to 26.50
35.00 to 36.00
38.00 to 40.00
45.00
49 00 to 50.00
39.00 te 40.00
38.00 to 40.00
15.00 to 15.50
12.50 to 13.50
14.00 to 14.50
16.00 to 17.00
13.00 to 14.00
16.00 to 16.50
17.00 to 18.00
16.00 to 17.00
ee eee a Re. oe I Oe
hanna tpcntnapanewegelles
|
128
THE IRON TRADE REVIEW
“Where-lo Buy
February 1, 1917
A classified-by- products list of advertisers for the convenience of readers. If you don’t find what you
want, write us and we will tell you where to get it. @ Index to advertisements wil! give
you page number of any advertiser and by referring to advertisement
you can get full particulars about products.
ACCUMULATORS.
Biggs-Watterson Co., The, Cleveland, O.
Bi ro Steel Fdy. & Mch. Co.
Birdsboro, Pa.
Chambersburg Engrg. Chambersburg, Pa.
Mackintosh es rr 'Co., Pittsburgh, Pa.
Pittsbu ig
couches va & & Mch. 4 ows iladelphia, Pa.
’ m.,
United E oe ray Co., Pittsburgh, Pa.
Wood, R. 5° & Co., Philadelphia, Pa.
ACETYLENE IN CYLINDERS.
Linde Air Products Co., New York City.
Oxweld lene Co., Chicago, Til.
Prest-O-Lite .. The, Indianapolis, Ind.
ADAMITE ROLLS.
Pittsburgh Iron & Steel Foundries Co.,
Pittsburgh, Pa.
AEROPLANE WIRE, STRAND AND
CORD.
American Steel & Wire Co., Chicago, Il.
Roebling’s, John A., Sons Co., Trenton, N. J.
ALLOYS.
American Vanadium Co, Pigsbers Pa.
Bethlehem Steel Co , So. Bethlehem, Pa.
Blackwell, Geo. G., Sons &
‘Liverpool, Eng.
Bourne-Fuller Co., The, Cl :
Standard Alls” ngompeny Pitabor th, Pa.
alls, é , 4
Oanets Alloys eT steel cu Com, 7 ‘Canton, O
ALUMINUM (Granulated).
United Smelt’g & Alum. Co., New Haven, Ct.
ALUMINUM (Solder).
United Smelt’g & Alum. Co., New Haven, Ct.
ALUMINUM (Vanadium).
American Vanadium Co., Pittsburgh, Pa.
ALUMINUM ALLOYS.
United Smelt’g & Alum. Co., New Haven, Ct.
ALUMINUM INGOTS.
United Smelt’g & Alum. Co., New Haven, Ct.
ALUMINUM RODS (Sheet).
United Smelt’g & Alum. Co., New Haven, Ct.
ANGLES, TEES, CHANNELS (See Steel,
Structural).
ANNEALING BOXES AND POTS.
Tiockwend Steel Fdy. Co., The, Springfield, O.
Knox Pressed & Welded Steel & ttsburgh.
Pittaburgh Annealing a Pittsburgh, P:
be tts
Pittsburgh Malleable Iron Co., Pittsburck, Ps:
Pittsburgh Valve Foundry & Const Co.,
Pittsburgh, Pa.
Fuptich Crucible ne Co, ay Mich.
n ’ oundry ’ P.
Zanesville Taiteabie Iron Co, Zane 'O >
ANTI-SLIP TREADS FOR STAIRS.
Pittsburgh Iron & Steel Foundries Co.,
Pittsburgh, Pa
ARCHITECTURAL SHAPES.
Empire Art Metal Co., College Pt., N. Y.
ARMATURES.
Crocker-Wheeler Co., Ampere, N. J.
General Electric Co., cepemestady, me Be
Westinghouse Elec. & Mfg.
East’ Pittsburgh, Pa.
ASH BUCKETS.
Lakewood Engrg. Co., Cleveland, O.
AUTO TOWING CABLES.
American Steel & Wire Co., Chicago, Ill.
AUTO TRUCKS.
Federal Motor Truck Co., Detroit, Mich.
AXLES.
American Bridge Co., New York City.
American Steel Export Co., New York City.
Bethlehem Steel Co., The, So. Bethichem, Pa.
Cambria Steel Co., Philadelphia, Pa.
Camden Forge Co., Camden,
Carnegie Steel Co., eg, bh, a.
Illinois Steel Co., Chi
Lockhart Iron & Steel * Pittsburgh, Pa.
National Tube Co., Pittsburgh, Pa.
Otis Steel Co., Cleveland, O.
BABBITT METAL.
Keystone Bronze Co., Pittsburgh, Pa.
Lubricatin Lae © The w York City.
Ryerson, $ gt Chicago, Ti.
BAKERS, WIRE COATING.
Morgan Construction Co., Worcester, Mass.
Turner, Vaughn & Taylor Co.,
Cuyahoga Fails, O.
BALE TIES.
American Steel & Wire Co., Chicago, III.
BALLS (Steel).
Dethlehen Steel Co., The, So. Bethlehem, Pa.
New Departure Mfg. Co., Bristol, Conn.
BANDERS (Hydraulic for Projectiles).
Southwark Foundry & Mach. Co., Philadelphia.
BANDS (Steel).
Akron-Selle Co., The, Akron, O
Carnegie Steel Co., Pittsburgh, Pa.
BARGES (Steel).
American Bridge Co., New York City.
BARRELS, TUMBLING (Wire Nails).
Turner, Vaughn & Taylor Co.,
Cuyahoga Falls, O.
BARS (Concrete Reinforcing).
Bourne-Fuller Co., Cleveland, O.
Carnegie Steel Co., Pittsburgh Pa.
Cincinnati Iron & Steel Co. Cincinnati, oO.
Franklin Steel Works, "Franklin,
Inland Steel C Ce. Chic
Laclede Steel Co., St feuie Mo.
Ryerson, Jos. T., Son, Chicago, III.
Trussed Concrete Steel Ce. Detroit, Mich.
Upson Nut Co., Cleveland,
Witherow Steel Co., Pittsburgh, Pa.
BARS (Iron and Steel).
American Bridge Co., New York, N. Y.
American Iron & Steel atte. Co., Lebanon, Pa.
American Steel a a New York City.
Belmont Iron Wor Philadelphia, Pa.
Bethlehem Steel Co., The, So. Bethlehem, Pa.
Bourne-Fuller Co., Cleveland d, O.
Brown-Wales Co., Boston, Mass.
Cambria Steel Co., Philadelphia, >
Camden Ferge Company, Camden, N
Carnegie Steel Co., Pittsb: burgh
Cincinnati Iron & Steel Co. Cincinnati, oO.
Franklin Steel Works, Franklin, Pa.
Harvey, Arthur C., Co., Boston, Mass.
Illinois Steel Co., Chica o, Ill. .
Illinois Steel Co., Warehouse Dept., Chicago
Illinois Steel Warehouse Co., St. Louis, Mo.
Illinois Steel Warehouse Co., St. Paul, Minn.
Inland Steel Co., Chicago, Ill.
fone & Laughlin _ Co. es ay h, Pa.
Lackawanna Steel Co., Buffal lo, N.
Lockhart Iron & Steel Co., Pittsburgh, Pa.
Milton Mfg. Co., Milton, Pa.
Republic Iron & Steel Co., Youngstown, O.
Ryerson, Joseph T., & Son, Chicago, III.
Scully Steel & Iron Co., Chicago, Til.
Standard Gauge Steel Co., Beaver Falls, Pa.
Tennessee Coal, Iron & R. R. Co.,
Birmingham, Ala.
Trussed Concrete Steel Co., Detroit, Mich.
United Alloys Steel Corp., The, Canton, oO.
Upson Nut Co., Cleveland,
esterman & Co., Lockport, N. Y.
BEAMS, CHANNELS AND ANGLES.
American Steel Export Co., New York City.
Belmont Iron Wor Philadelphia, Pa.
Bourne-Fuller Co., Cleveland,
Carnegie Steel Co., Pittsburgh, Pa.
Empire Art Metal Co., College Pt., N. Y.
Franklin Steel Works, Franklin, Pa.
Illinois Steel Co, Chicago, I.
Ryerson, Joseph & Son, Chicage, Ill.
Scully Steel Iron be , Chicago, Ti.
BEARINGS (Ball).
New Departure Mfg. Co., Bristol, Conn.
BEARINGS (Vanadium Steel).
American Vanadium Co., The, Pittsburgh, Pa.
BELT CEMENT AND DRESSING.
Graton & Knight Mfg. Co., Worcester, Mass.
Texas Company, The, New York City.
BELT LACING (Leather).
Chicago Rawhide Mfg. Co., Chicago, Ill.
Graton & Knight Mfg. Co., Worcester, Mass.
BELTING (Chain).
Link-Belt Company, Chicago, III.
BELTING (Leather).
Chicago Rawhide Mfg. Co., Chicago, III.
Graton & Knight Mfg. Co., Worcester, Mass.
BENCHES (Steel).
New Britain Mach. Co., New Britain, Conn.
BENCHES AND FRAMES (Drawing).
Morgan Construction Co., Worcester, Mass.
Turner, Vaughn & Taylor Co., The,
Cuyahoga Falls, O
BENDING AND STRAIGHTENING MA-
CHINES.
Abramsen Engrg. Co., Pittsburgh, Pa.
Bertsch & Co., Cambridge City, Ind.
Birdsboro Stl Fdy. & Mch. Co., Birdsboro, Pa.
Cleveland Punch & Shear Works Co.,
Cleveland, O
Espen-Lucas Machine Works, Philadelphia, Pa.
Hinman, D. A., & Co., Sandwich, Ill.
Lourie Mfg. Co., Springfield,
Mackintosh, Hemphill & Co., Pittsburgh, Pa.
Niles-Bement-Pond Co., New York, N. Y.
United Engrg. & Fdy. Co., Pittshurgh, Pa.
BENZOL RECOVERY PLANTS.
Koppers, H., Co., Pittsburgh, Pa.
See Index to Advertisements for Pages Containing Advertisements of Companies Listed Above